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The Latest Breaking News from South Korea

Saurabh Mukherjea’s global strategy: How Marcellus is hunting compounder stocks across 4 multi-trillion dollar megatrends

Saurabh Mukherjea of Marcellus is avoiding AI giants like Nvidia, instead focusing on companies enabling AI's physical infrastructure. His strategy targets turbine manufacturers, chip equipment makers, and industrial distributors, alongside defence and aerospace firms like Airbus, and ultra-luxury brands, driven by distinct megatrends.

The Economic Times

Kospi selloff resumes, tanks nearly 4% as AI unwinding continues; Iran war uncertainty dents mood

South Korean stocks fell sharply on Wednesday, with the benchmark KOSPI dropping up to 3.6%, as semiconductor shares resumed their decline and investor sentiment was hit by a U.S. strike on Iran. The selloff underscored concerns about the market's reliance on a handful of chipmakers that have powered this year's…

The Economic Times

Citrea's Token (CTR) Now Live on UPbit and Bithumb

GEORGE TOWN, Cayman Islands, June 9, 2026 /PRNewswire/ -- Citrea, the Bitcoin application layer backed by Founders Fund and Galaxy Ventures, announced that CTR, its coordination asset for the Bitcoin economy, is now available for trading on UPbit and Bithumb, South Korea's largest cryptocurrency exchanges. UPbit opened CTR/BTC and CTR/USDT…

AAP

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Park Ji-hoon's 'Asia FanCon' coming to BKK

Following the success of the historical film, The King's Warden -- which became South Korea's highest-grossing film of all time in terms of revenue -- Park Ji-hoon's popularity as a leading actor has skyrocketed.

Bangkok Post

Jensen Huang Was in South Korea to Dominate the AI Ecosystem. Here Is Why You Should Buy Nvidia Stock Now.

Nvidia's CEO meeting with executives in South Korea suggests he is one step ahead of the competition when it comes to securing the right supply chains.

Barchart

AI Chip Rally Leaves Asia's Fund Managers Struggling To Keep Pace

The dominance of Taiwan and South Korean chipmakers has intensified concentration risks across Asian equity markets and altered how professional investors build portfolios.

International Business Times

Xi Jinping and Kim Jong Un pledge to ‘resist US aggression’ during rare North Korea summit

Xi and Kim pledge to keep ‘resisting US aggression and aiding Korea’

The Independent UK

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Explained: How AI mania has thrown India Inc out of MSCI EM's top 10 and world's top 100 list

Indian companies are no longer in the top 10 of the MSCI Emerging Markets Index. A surge in AI stocks has shifted global capital. Taiwan and South Korea's chipmakers now dominate the index. Reliance Industries and HDFC Bank have fallen in global rankings. India's market weight has hit a six-year…

The Economic Times

India's biggest trade bet comes with six red flags

India may be adding more trade partners, but its latest FTA report card comes with several red marks. A new study by the Global Trade Research Initiative (GTRI) warns that while free trade agreements have become a cornerstone of India's trade strategy, the country is grappling with six persistent challenges…

The Economic Times

Chip stocks bouncing back on Wall Street and South Korea; UK investigating Paramount-Warner Bros merger – as it happened

Rolling coverage of the latest economic and financial news, as the AI trade bounces back

The Guardian - UK

Ghayal hoon isiliye ghatak hoon! Why a global tech crash could be the right medicine for wounded Nifty bulls

Global capital flows are shifting away from semiconductor-heavy markets like South Korea and Taiwan. This tech-led meltdown presents an opportunity for India. Foreign investors may return to Indian markets, which are seen as a diversified domestic-economy-led alternative. This shift could lead to an explosive rally for Indian stocks.

The Economic Times

Global stocks receive a boost from tech dip-buying

Tech stocks have rebounded as global investors swung in to buy after a recent drop, while oil prices fell after a halt in Middle East hostilities.

AAP

Wealth firm Nexedge Capital looking to close a $25 million funding round to be led by Mirae

Nexedge Capital, a wealth management firm for ultra-high-net-worth individuals, is nearing a $25 million funding round. South Korean firm Mirae Asset Venture Investment is expected to lead the investment. This marks Nexedge's first institutional funding. The startup manages significant assets and serves numerous families. It competes with other emerging wealth…

The Economic Times

Meet Heo Nam-jun, the Rising Heartthrob Who Plays Cha Se-gye from 'My Royal Nemesis'

Fans are obsessed with his "he fell first and harder" romance in one of the buzziest Korean shows of the year.

Marie Claire

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France 24

‘A special sense of closeness’: China’s Xi vows stronger ties with North Korea in rare visit

Chinese President Xi Jinping on Monday said that China world not swerve from its commitment to safeguarding common interests with North Korea or waver in its support for Kim Jong Un during a rare summit between the two leaders in Pyongyang. The summit comes at a time when China's economy,…

The Economic Times

Comparing India with Taiwan, South Korea on semiconductors not very accurate: Union minister Vaishnaw

India is rapidly advancing in semiconductor manufacturing and AI adoption. Union Minister Ashwini Vaishnaw highlighted significant progress in the country's semiconductor mission, with commercial production already underway. The upcoming Semicon 2.0 program will prioritize chip design. India's electronics sector has seen substantial growth, creating numerous jobs and boosting exports. Global…

AAP

The Herald Group: Korea National Open University Opens Applications for Overseas Residents for Fall 2026

SEOUL, South Korea, June 8, 2026 /PRNewswire/ -- Korea National Open University (KNOU), South Korea's only open university, is accepting applications from overseas residents for the 2026 Fall Semester. Individuals who have lived outside Korea for at least three months as of the application date are eligible to apply. Admitted…

The Independent UK

World Cup 2026 kits: Every home and away shirt ranked and rated

A needlessly detailed look at the shirts on display at this summer’s World Cup in North America, ranked from most unpleasant to most majestic

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AAP

S.Korea to overhaul elections after ballot shortage

Ballot paper shortages during South Korea's local elections have triggered a public outcry, prompting promises to reform "a grave infringement of voter rights".

The Economic Times

South Korea to overhaul election process after ballot shortage shocks country

South Korea is set to reform its election system following ballot paper shortages during recent local polls. The incident sparked public anger and calls for a new election. President Lee Jae Myung has ordered a full investigation into the matter. The head of the election commission has resigned. This event…

The Economic Times

The AI trade trap: Why successful tech stocks are triggering a trillion-dollar market meltdown in Korea, Taiwan

A sharp tech selloff exposed concentration risks in Asian markets, where chip giants such as TSMC, Samsung and SK Hynix dominate benchmarks. As their rapid gains pushed portfolio weights beyond risk limits, active fund managers were forced to sell despite strong fundamentals. The unwind triggered market volatility, accelerated fund outflows…

The Economic Times

South Korea's KOSPI dives nearly 9% as Fed fears hammer tech stocks

South Korea's KOSPI index plummeted nearly 9% on Monday, triggering circuit breakers, as strong U.S. jobs data fueled expectations of Federal Reserve rate hikes. Tech giants Samsung Electronics and SK Hynix saw significant drops, impacting the AI-driven rally. Despite the sharp decline, the KOSPI remains up substantially year-to-date.

AAP

Digital Edge Secures Fully Powered Ansan Data Center Site in Power-Constrained South Korea, Advancing Expansion

SINGAPORE, June 8, 2026 /PRNewswire/ -- Digital Edge today announced the acquisition of a fully powered land parcel in Ansan, South Korea, supported by a 90 MVA power agreement, to develop SEL5 – a 60 MW hyperscale, AI-ready data center that further strengthens its position as a leading digital infrastructure…

The Economic Times

Nvidia clinches deals with South Korean giants include SK Group to advance AI boom

Speaking to reporters in Seoul, Huang's remarks underscored Nvidia's continued cooperation with SK Hynix, ‌a leading supplier of high-bandwidth memory (HBM) chips used ⁠in AI servers.

AAP

Dayspring Pharma Announces Positive Topline Results from Phase II Clinical Trial of CG2001 for the Treatment of Androgenetic Alopecia (AGA)

SEOUL, South Korea, June 8, 2026 /PRNewswire/ -- Dayspring Pharma, a clinical-stage biotechnology company focused on innovative dermatology therapies, announced the first public disclosure of positive topline results from its Phase II randomized, double-blind, placebo-controlled trial of CG2001 at the 14th World Congress for Hair Research (WCHR) in Seoul, South…

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