[Breaking] KOSPI closes at 4081, up 1.76%…again hits an all-time high
![[Breaking] KOSPI closes at 4081, up 1.76%…again hits an all-time high](/images/default_image.webp)

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![[Breaking] KOSPI closes at 4081, up 1.76%…again hits an all-time high](/images/default_image.webp)
OpenAI confirmed its conversion to a public-benefit corporation (PBC) for commercialization such as an initial public offering (IPO), successfully redefining its relationship with Microsoft (MS). With this conversion, OpenAI resolved the complexity o

Shin Hyunbo Hankyung.com reporter greaterfool@hankyung.com
![[Breaking News] Lee "Modernize the South Korea-U.S. alliance…develop into a future-oriented comprehensive strategic alliance"](/images/default_image.webp)
President Lee Jae-myung and U.S. President Donald Trump met at the Gyeongju National Museum to begin the Korea–U.S. summit. President Lee went out to the entrance to greet him and welcomed President Trump as he stepped out of the official limousine,
![[Breaking] Lee-Trump, Korea–U.S. summit begins at Gyeongju National Museum](/images/default_image.webp)
KB Securities publishes 2026 stock strategy annual outlook report "Entering a major uptrend due to weak dollar·weak oil prices" KB Securities set next year's annual KOSPI target at 5000 points, citing weak dollar and oil prices as tailwinds. Preferre

[Breaking] Trump arrives at Gyeongju Arts Center… attends APEC CEO Summit Kim Su-young Hankyung.com reporter swimmingk@hankyung.com
![[Breaking] Trump arrives at Gyeongju Arts Center… attends APEC CEO Summit](/images/default_image.webp)
Speech at the 'Gyeongju APEC CEO Summit' Mathias Cormann, Secretary-General of the Organisation for Economic Co-operation and Development (OECD), attended the Asia-Pacific Economic Cooperation (APEC) CEO Summit held on the 29th at the Gyeongju Arts C
![OECD "AI to contribute 0.4%% percentage points to annual growth… GDP down 5%% if supply chains collapse" [APEC 2025]](/images/default_image.webp)
"I am actually afraid. If a won stablecoin is simply introduced, I am worried about exchange-rate volatility and capital outflows in the foreign exchange market." Lee Chang-yong, governor of the Bank of Korea, said this on the 29th while attending th

President Lee Jae-myung will welcome U.S. President Donald Trump as a state guest for a one-night, two-day visit starting on the 29th. The Presidential Office said the visit is significant as it completes reciprocal visits between the South Korean an

[Breaking News] U.S. President Trump boarded Marine One for the racetrack Shin Min-kyung Hankyung.com reporter radio@hankyung.com
![[Breaking News] Trump boards the presidential helicopter Marine One… moves to the racetrack](/images/default_image.webp)
Accelerating development based on the AI policy framework First meeting to be held next year in Washington, U.S. The governments of Korea and the United States have signed a new agreement after 10 years to cooperate comprehensively in the field of sc

[Breaking] Trump "Tomorrow's focus is China, but will meet North Korea soon" Shin Min-kyung Hankyung.com reporter radio@hankyung.com
![[Breaking] Trump "Tomorrow's focus is China, but will meet North Korea soon"](/images/default_image.webp)
[Breaking] Trump, North Korea missile test: "Launched for decades… wants to meet Kim Jong Un" Shin Min-kyung Hankyung.com reporter radio@hankyung.com
![[Breaking] Trump, North Korea missile test: "Launched for decades… wants to meet Kim Jong Un"](/images/default_image.webp)
[Breaking News] Trump "Expect tariff cuts on Chinese goods related to fentanyl" Shin Min-kyung Hankyung.com reporter radio@hankyung.com
![[Breaking News] Trump "Expect tariff cuts on Chinese goods related to fentanyl"](/images/default_image.webp)
President Lee Jae-myung said on the 29th, "As the chair of the Asia-Pacific Economic Cooperation (APEC), the Republic of Korea intends to lead the way in multilateral cooperation to confront the crisis." He was pointing to the growing country-first p

Global investment bank (IB) J.P. Morgan said it expects the KOSPI index to reach 5000 within a year. It also said that if the market enters a bull market, the index could reach 6000. According to the securities industry on the 29th, J.P. Morgan said

Shortest-ever mutual visits between heads of state Attention on tariff negotiation discussions President Lee Jae-myung and U.S. President Donald Trump will hold their second Korea-U.S. summit on the afternoon of the 29th in Gyeongju, North Gyeongsang
![Meeting this afternoon in Gyeongju… Trump, morning state visit to Korea [Comprehensive]](/images/default_image.webp)
President Lee Jae-myung and U.S. President Donald Trump will hold a South Korea-U.S. summit at the Gyeongju Museum on the afternoon of the 29th. This is the second time the two leaders have met since late July. The presidential office said it was the

The KOSPI index, which has been rapidly posting new record highs day after day, is being watched on whether it will continue its record-high streak on the 29th thanks to SK hynix's best-ever quarterly results. Ahead of the market open, SK hynix discl
![With a tailwind from SK hynix… Will the KOSPI's rally continue? [Market preview for today]](/images/default_image.webp)
On the 29th, according to the Financial Supervisory Service's electronic disclosure system, SK hynix's sales for the third quarter of this year on a consolidated basis recorded 24.4489 trillion won. This is a 39.1 increase from the previous year. Ope
![[Breaking] SK hynix, operating profit 11.3834 trillion won…largest since its founding](/images/default_image.webp)
The three major New York stock indexes all reached record highs. Big tech stocks rose after Nvidia CEO Jensen Huang said demand for artificial intelligence (AI) chips remains strong. On the 28th (local time) at the New York Stock Exchange (NYSE), the
![U.S. major indexes hit record highs… Nvidia nears $5 trillion market cap [New York Stock Market Briefing]](/images/default_image.webp)
◆'AI optimism' New York stock market hits record highs Major New York stock indexes all reached record highs amid 'artificial intelligence (AI) optimism.' Early this morning at the New York Stock Exchange, the Dow Jones Industrial Average rose 0.34%,
!['AI Optimism' New York Stock Market Hits Record High…Today U.S.-South Korea Summit [Morning Briefing]](/images/default_image.webp)
Denholm, Tesla board chair, remarks on the 28th Hints at modifying vehicle design as convincing regulators becomes harder GM also halted its autonomous driving business 'Cruise division' U.S. electric-vehicle maker Tesla has left open the possibility
![Tesla abandons full self-driving?… "If necessary, we'll put a steering wheel on the Cybercab" [Stocks+]](/images/default_image.webp)
Nokia to receive $1 billion investment…"The U.S. must lead communications technology" Expanding quantum computing cooperation…"Combining with AI supercomputers" U.S. semiconductor company NVIDIA has begun full-scale production of its latest artificia
![NVIDIA begins AI chip production in the U.S.…invests $1 billion in Nokia [Stocks+]](/images/default_image.webp)
OpenAI completes restructuring Nonprofit foundation secures controlling stake in for-profit unit MS, stake at 27%… stock price up 1.98% OpenAI has completed a governance structure in which its parent nonprofit foundation controls OpenAI's for-profit
![OpenAI lays groundwork for IPO… completes non-profit and for-profit coexistence model [Stocks+]](/images/default_image.webp)
Gold falls below $4,000, bonds also decline Strong earnings send PayPal, UPS, Wayfair surging Expectations around artificial intelligence (AI), solid corporate earnings and hopes for rate cuts led U.S. markets to open higher on the 28th (local time),

Also announced a dividend payment of 14 cents per share, the first in 27 years since its founding Stock, down 18% year-to-date, jumped 14% in pre-market trading First-generation e-commerce payments firm PayPal announced that it has struck a deal to e

U.S. President Donald Trump expressed confidence about the summit with Chinese President Xi Jinping scheduled in South Korea on the 30th, saying "it will go very well." At a business event in Tokyo, Japan, on the 28th, President Trump said, "We are g

Rebound from September's 32,000 decline with a weekly average increase of 14,250 ADP, a U.S. payroll processing company, said that private U.S. firms added an average of 14,250 jobs per week over the past four weeks. That translates to an increase of

![[Breaking] Takaichi "Confirmed promotion of South Korea-U.S.-Japan cooperation with Trump"](/images/default_image.webp)