South Korea’s stock market suffered a sharp sell-off as the KOSPI plunged 10%, triggering a trading halt. AI-driven giants Samsung and SK Hynix, which had powered a spectacular rally, led the decline
VK Vijayakumar has attributed the fall to a combination of factors, including sharp profit-taking, stretched valuations in AI and semiconductor-linked stocks, and elevated leverage in the system.
The Kospi closed down 10%, with losses extending after a 20-minute trading suspension by the Korea Exchange
The Republic of Korea expanded its Top-Tier Visa to include academic researchers and professors, as part of efforts to attract global science and technology talent.
Shares of SK Hynix, now the world's most valuable memory chipmaker, traded up 5.7% to bring the company's market capitalisation to 2,082.5 trillion won
The Kospi has become the world's best-performing major equity benchmark this year, surging more than 90% as investors piled into artificial-intelligence winners
South Korea's ousted President Yoon Suk Yeol and his former defense minister were sentenced to 30 years in prison Friday in a case alleging Yoon ordered drone flights over Pyongyang in 2024 to heighten tensions with North Korea and justify declaring martial law at home. The full version of the Seoul Central District Court's ruling was not immediately available. The same court earlier sentenced Yoon to life in prison for a rebellion conviction over his short-lived imposition of martial law in December 2024. North Korea accused Seoul of flying drones over Pyongyang to drop propaganda leaflets three times in October 2024. South Korea's defense minister at the time, Kim Yong Hyun, issued a vague denial before the Defense Ministry said it could neither confirm nor deny the allegations. Tensions rose sharply but did not lead to any military clashes. Yoon's lawyers criticised the latest ruling, saying the drone flights were a response to North Korea flying thousands of trash-carrying ...
South Korea's Kospi erased Monday's 8.3 per cent drop, continuing the wild swings that have pushed its 10-day rolling volatility to an annualised 81 per cent
South Korea has overtaken India to become the world’s sixth-largest stock market. Its market capitalisation has surged 86% this year to $5 trillion
Hedge fund Golden Horse Fund Management has trimmed exposure and added derivative protection, while M&G Investments has cut memory and foundry holdings to broaden out down the AI supply chain
Foreign selling paints different pictures in India and South Korea, mutual funds warm to Adani stocks, and investor conferences create an unexpected travel bottleneck
Seoul broadens talent visa access and allows firms to hire more skilled foreign workers
South Korea's AI-driven stock market boom highlights how semiconductor strength is shaping global capital flows, raising questions about whether India's chip ecosystem can support its AI ambitions
India's Fairwood Nuclear Pvt Ltd and South Korea's SK Securities Co Ltd have signed a strategic collaboration agreement to support the development and financing of small modular reactors (SMRs) and micro modular reactors (MMRs) in India, the companies said on Wednesday. The agreement aims to accelerate the commercial and technical development of advanced nuclear projects in India, as interest grows in low-carbon and energy-secure power generation technologies. Under the pact, the companies will work together on project development, industry engagement, investor outreach and fundraising initiatives. The partnership is expected to leverage SK Securities' network across the nuclear, infrastructure and financial sectors in South Korea and international markets to support future projects in India. "The agreement creates a strategic relationship focused on accelerating project development, strengthening international industry engagement and facilitating access to capital markets and nucle
Investor enthusiasm for AI-linked semiconductor companies has lifted Taiwan and South Korea above India in global market-cap rankings, highlighting India's limited exposure to the sector
Samsung Electronics and SK Hynix, newly minted members of the $1 trillion valuation club, have powered Korea's equity surge, lifting the Kospi's 2026 gains to more than 100% through AI memory chips
Powered by chip giants SK Hynix and Samsung, South Korea's Kospi has doubled in 2026, reviving comparisons with the dotcom-era rally
SK Hynix rose as much as 11 per cent in South Korea on Wednesday, taking its 12-month gain to more than 1,000 per cent and becoming the third Asian company to join the $1 trillion club
North Korea launched an unidentified projectile off its west coast Tuesday, South Korea's military said. South Korea's Joint Chiefs of Staff gave no further details. It followed another launch by the North on April 19, in which it fired multiple short-range missiles in what state-media described as a demonstration of cluster bomb warheads. North Korean leader Kim Jong Un has focused on expanding his nuclear and missile arsenals since nuclear diplomacy with US President Donald Trump collapsed in 2019. Trump has repeatedly expressed his desire to return to talks with Kim, and but Pyongyang has so far ignored the overtures and urged Washington to drop demands for the North's nuclear disarmament as a precondition for talks.
The two countries signed agreements on cyber defence, military training and UN peacekeeping cooperation during Rajnath Singh's visit to Seoul