Korea News

KOSPI Crashes 9% in Intraday Circuit Breaker as Chip Rout Deepens: Samsung and SK Hynix Worst Hit

Jun 8, 2026

KOSPI Plunges Nearly 9% and Circuit Breakers Halt Trading After AI-Driven Sell-off

South Korea KOSPI dropped nearly 9%, triggering market-wide circuit breakers that halted trading for 20 minutes

Jun 8, 2026

Samsung Electronics and SK Hynix Face Major Selloff as Rate Hike Expectations Hit Memory Chip Valuations

Samsung Electronics and SK Hynix faced a major selloff as rising rate hike expectations compressed valuations across the tech-heavy KOSPI

Jun 8, 2026

South Korea Exchange Holds Emergency Meeting as KOSPI Circuit Breaker Halt Triggers Market Crisis Response

South Korea stock exchange held an emergency meeting in response to extreme market volatility following the KOSPI circuit breaker halt

Jun 8, 2026

OECD Warns Korea Potential Growth Rate Will Fall Below 1.5% for First Time on Record in 2027

The OECD forecasts South Korea potential GDP growth rate will fall below 1.5% in 2027, a historic first since tracking began

Jun 7, 2026

Korean Retail Investors Dump 1.2 Trillion Won in US Stocks for Third Consecutive Month

Korean retail investors sold 1.2 trillion won ($900M) of US equities in the first week of June, continuing a three-month selling streak

Jun 7, 2026

KOSPI Crashes 9% and Circuit Breaker Triggers as Nikkei Falls 4% in Asian Market Rout

South Korea KOSPI index crashed 9% and triggered a trading halt via circuit breaker in a historic single-session decline

Jun 7, 2026

South Korea Plunges and Asian Tech Stocks Slide as Nasdaq Sell-off Ripples Across Markets

Asian markets opened sharply lower Monday following a significant Nasdaq decline on Friday

Jun 7, 2026

Korean Real Estate Experts: Gangnam Values Resilient Even as AI and Tech Transform Urban Living

Korean real estate experts argue Gangnam property values are resilient to AI and autonomous driving disruption due to durable infrastructure 'value networks'

Jun 6, 2026

Shinyang Securities Announces ₩1T Treasury Stock Cancellation, Shares Surge 13%

Shinyang Securities announced a ₩1 trillion treasury stock cancellation representing 32% of total outstanding shares, sending the stock up 13% intraday

Jun 6, 2026

Jensen Huang Meets SK Hynix and LG Chiefs in Seoul as Nvidia Korea AI Partnership Deepens

Nvidia CEO Jensen Huang met SK Hynix Chairman Chey Tae-won and other Korean tech chiefs in Seoul's Hongdae district in a highly publicized gathering

Jun 6, 2026

Futures Drop on Chipmaker Weakness as South Korea's Kospi Plunges

US equity futures fell as deteriorating sentiment toward chipmaker stocks rippled through global markets Friday

Jun 6, 2026

Korean Market Reaction: Broadcom AI Shock Drags Asian Semis as Local Companies Accelerate AI Adoption

Broadcom AI chip miss dragged Asian semiconductor stocks while Korean companies S-Oil and GC녹십자 accelerated AI adoption in energy and pharma sectors.

Jun 6, 2026

Korea's Defense, Semiconductor Board, and K-Bio Sectors Show Divergent Momentum in Global Markets

LG Innotek announces Vietnam semiconductor board factory to expand AI chip substrate capacity toward a 3 trillion won target by 2030

Jun 5, 2026

Kospi Plunges and Nikkei Slides as AI Valuation Doubts and Mideast Tensions Hit Asian Markets

Korean Kospi plunges as AI boom concerns mount and Israel's invasion of Lebanon deepens geopolitical uncertainty

Jun 5, 2026

SK Group Deepens Global AI Alliances with Nvidia, TSMC, and Foxconn as Anthropic Expands Mithos Access to Korean Firms

SK Group Chairman Chey Tae-won met Jensen Huang, then TSMC and Foxconn leadership in Taiwan, cementing AI infrastructure alliances across chip design, foundry, and assembly.

Jun 5, 2026

Korean Won Crosses 1,540 Per Dollar in After-Hours Trading, Highest Since 2009 Financial Crisis

The Korean won breached 1,540 per US dollar in after-hours trading on June 4, reaching its weakest level against the dollar since the global financial crisis in March 2009.

Jun 5, 2026

South Korea Jet Fuel Exports Surge as Oil Market Recovery Boosts Asian Refinery Margins

South Korea's jet fuel exports have surged amid broader oil market recovery signals, reflecting improved refinery margins and strong aviation sector demand recovery across Asia.

Jun 5, 2026

US USTR Forced Labor Probe Threatens 12.5% Tariff on South Korean Imports, Seoul Seeks Urgent Talks

South Korea's government is engaging the USTR urgently after a Section 301 forced labor investigation raised the prospect of 12.5% additional tariffs on Korean imports.

Jun 4, 2026

Post-Acquisition Execution Becomes the Real Test for Global Property Investors, Korea Analysis Finds

For global property investors, the real test comes after acquisition as post-close business plan execution increasingly determines whether cross-border real estate capital is redeployed.

Jun 4, 2026

NH Investment Securities Raises ₩400 Billion to Scale IMA Business and Corporate Banking Capabilities

NH Investment Securities approved a ₩400B rights offering to parent NH Agricultural Finance Holdings, targeting IMA expansion, corporate banking, and venture capital — its stated core new business priorities.

Jun 3, 2026

Samsung Heavy Industries Wins ₩4.3 Trillion FLNG Order, Filling 64% of Annual Shipbuilding Target

Samsung Heavy secured a ₩4.3T (~$3.1B) floating LNG order from North America for July 2030 delivery, filling 64% of its annual target. The shipbuilder holds 64% global FLNG market share.

Jun 3, 2026

SK Hynix Plans to Double Wafer Capacity as AI Memory Chip Shortage Intensifies

SK Hynix has announced plans to double its wafer production capacity in response to a shortage of AI-driven memory chips

Jun 3, 2026

US Crude Overtakes Saudi Oil in Korea for First Time as Hormuz Stays Blocked 4 Months

US crude oil surpassed Saudi Arabian crude in Korean imports for the first time in April, as Hormuz blockade hits 4 months

Jun 3, 2026

KOSPI Surges 4%+ Triggering Buy Sidecar as Blackstone Closes $13.1B Asia Fund

South Korea's KOSPI surged over 4% in intraday trading, triggering a program buy sidecar halt for the 11th time this year

Jun 3, 2026

Hanmi Pharma Signs $1.26B Licensing Deal with Eli Lilly for Gut Repair Drug Sonefpeglutide

Hanmi Pharmaceutical signed a licensing deal with Eli Lilly for Sonefpeglutide (HM15912) worth up to $1.26 billion, including a $75 million non-refundable upfront payment.

Jun 2, 2026

Samsung'\''s Lee Jae-yong Stock Holdings Cross 60 Trillion KRW, Nearing LG Electronics Market Cap

Samsung Chairman Lee Jae-yong'\''s aggregate stock portfolio across Samsung group companies exceeded 60 trillion Korean won, surpassing Hanwha Aerospace'\''s entire market cap and nearing LG Electronics'\'' valuation.

Jun 2, 2026

NVIDIA's Jensen Huang Plans Seoul Seongsu Informal Dinner, KBO First Pitch with Korean AI Partners

Jensen Huang is expected to host Korean business leaders for samgyeopsal and soju in Seoul's Seongsu district, signaling relationship-building ahead of formal NVIDIA-Korea AI partnerships.

Jun 2, 2026

LG Electronics Surges 30% as Jensen Huang's Korea Visit Sparks Nvidia AI Partnership Frenzy

LG Electronics stock surged as much as 29.86% to ₩380,500, hitting its daily limit up for the second consecutive day on NVIDIA CEO Jensen Huang's Korea visit news.

Jun 2, 2026

AI Rally Under Scrutiny as Korea Market Surges Past India in Global Tech Race

Korea's equity market surged past India in AI-driven rally comparisons as NVIDIA CEO Jensen Huang's Seoul visit catalyzed local tech stocks.

Jun 2, 2026