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The Latest Breaking News from South Korea

Chipmakers Are Rebounding Sharply After a Rout. Samsung And SK Hynix Stocks Are Seeing Historical Gains

SK Hynix and Samsung saw their best day on record in South Korea on Friday as chipmakers rebound following a sharp rout.

International Business Times · Jul 31

Dead People's Skin Is The Latest Anti-Aging Beauty Craze And It Could Soon Come to the US

A controversial anti-aging injectable made from donated human skin is gaining popularity in South Korea and could reach the US market.

Medical Daily · Jul 31

Kia's Cryptic Sorrento Teaser Just Confirmed the Sorento Is Coming to India

Kia has found a unique way to announce their big launch in India. The company posted a picture of a famous square in Sorrento, one of Italian towns and asked people to guess what it meant. In the beginning the post looked like a travel photo. But it did not…

MyLifeXP · Jul 31

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Explained: Why Kospi skyrocketed 18% today after massive selloff and what’s ahead for South Korea’s 'bipolar' stock market

South Korea’s Kospi jumped 18% on Friday as US tech earnings triggered a 28% surge in Samsung and SK Hynix. The sharp rebound follows a 40% crash driven by single-stock leveraged ETFs, drawing retail protests. Nomura targets 10,000-11,000 for Kospi, while Citi downgraded the market to neutral over volatility.

The Economic Times · Jul 31

FTSE 100 on track for best month since first US attacks on Iran five months ago – as it happened

Live, rolling coverage as London’s biggest companies defy Middle East disruption and UK petrol prices rise to around £1.60 per litre, the highest since Donald Trump ordered renewed strikes

The Guardian - UK · Jul 31

Kospi’s mammoth 17% surge spells caution for Indian IT stocks. Why TCS, Infosys, others are down up to 5%

Indian IT stocks declined after renewed optimism around global AI and cloud spending after strong earnings from tech giants. Meanwhile, global AI sentiment improved after Microsoft and Amazon reported strong cloud growth, while South Korean chipmakers Samsung and SK Hynix rallied sharply on robust results.

The Economic Times · Jul 31

SK Hynix Stock Soars 22%, Samsung Jumps 19% as Kospi Hits Trading Halt: Dow Futures Climb 151 Points

Asian stocks traded higher at the time of writing, led by a nearly 13% surge in South Korea’s KOSPI, while U.S. stock futures advanced and oil prices remained elevated.

Benzinga · Jul 31

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South Korea’s Kospi rockets 17% after massive 3-day selloff. What’s behind the surge?

The KOSPI was up 17% at 6,549 points after tumbling nearly 17% over the previous three sessions, marking one of its steepest weekly declines, as fears of mounting competition from Chinese memory chipmakers triggered heavy selling across semiconductor stocks.

The Economic Times · Jul 31

South Korea’s Kospi index jumps more than 16% on a surge of chipmaking stocks

South Korea's Kospi index saw a significant jump, mirroring Wall Street's positive performance. AI-related stocks experienced a strong rebound after recent declines earlier in the week. Japanese markets also climbed, with technology and investment firms showing gains. Oil prices increased due to ongoing tensions and a closed key shipping route.…

The Economic Times · Jul 31

Korea’s leverage trap has an echo in India

Indian brokers are lending large sums to retail investors, creating systemic risk. Retail investors are borrowing heavily to buy stocks at stretched valuations. This margin debt has ballooned significantly, with new-age brokers aggressively competing. Unlike Korea's AI focus, India's debt supports stocks global investors are avoiding. Policymakers face challenges as…

The Economic Times · Jul 31

Global Market Today: Asian stocks rise on Korean rally, yen holds gains

Asian stocks advanced as chip shares revived artificial intelligence trade confidence. South Korea's Kospi Index surged over fourteen percent, rebounding strongly. Japan's shares also gained, lifting the regional MSCI Asia Pacific gauge. The yen held its gains after authorities intervened to support the nation's currency. Attention remains on the Bank…

The Economic Times · Jul 31

Qatar Turned To U.S. Gas As Hormuz Closed. Emergency LNG Purchases Reached About $1 Billion

QatarEnergy's emergency purchases highlight how geopolitical conflict is reshaping global LNG trade, with U.S. exporters stepping in as buyers seek alternative supplies during one of the biggest disruptions to Gulf energy flows in years.

International Business Times · Jul 30

South Korea Revives Its Crypto Tax Plan. Parliament Will Decide Whether It Survives

South Korea is once again preparing to tax cryptocurrency profits, setting up another political battle over investor protection, overseas trading and the future of digital asset regulation.

International Business Times · Jul 30

Peggy Gou: 'They wanted me to look pretty. They didn't want to talk to me about music'

Peggy Gou defied male DJs, sexist colleagues — and her Korean parents — to become the queen of K-house. Now she’s set to give her adopted city of London a huge dose of sunshine vibes

Evening Standard · Jul 30

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The Economic Times · Jul 30

'Wait till payback time!': South Korean retail investors protest as govt apologises after Kospi crashes 40% in a month

Kospi skyrocketed over 122% since the beginning of the year to hit a lifetime high of 9,386 in June on the back of a global AI frenzy, before things began to go downhill. While South Korea’s stock market grabbed headlines as the world’s best-performing stock market this year so far,…

Euronews · Jul 30

K-pop giants BTS boycott 2027 Grammys after introduction of controversial new Asian pop prize

BTS, the best-selling musical act in South Korean history, will sit out the Grammy Awards next year. Their announcement is linked to a new Grammy category which fans have criticised as being an example of non-English language acts being "gatekept out of the main/general categories".

The Economic Times · Jul 30

Global Market | South Korea's ETF curbs may not be enough to calm market turmoil: Analysts

South Korea’s regulators have announced new curbs on leveraged ETFs after a sharp market selloff erased over $2 trillion in KOSPI market value. Analysts, however, believe the measures may not be enough to curb volatility and investor losses.

Euronews · Jul 30

Samsung profit jumps 1,814% as South Korean tech giants benefit from global AI boom

Operating profit at Samsung’s semiconductor division rose to more than 220 times its year-earlier level. However, the company warned that memory chip shortages could worsen next year as AI infrastructure expands rapidly.

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Bangkok Post · Jul 30

South Korean web sleuths fight AI deepfake porn

SEOUL - Under banners emblazoned “Solidarity” and “We stand together with victims”, a group of South Korean women digital detectives dredges the internet for a scourge of illegal AI-enabled pornography.

The Economic Times · Jul 30

South Korea's women web sleuths fight AI deepfake porn

Under banners emblazoned "Solidarity" and "We stand together with victims", a group of South Korean women digital detectives dredges the internet for a scourge of illegal AI-enabled pornography. Nearly 98 percent of content was AI-generated pornography of women, with more than half the victims in South Korean, according to company…

The Independent UK · Jul 30

Samsung reports record profit as South Korean chip giants benefit from global AI boom

South Korean technology giant Samsung Electronics has reported a record operating profit of $62 billion for the April-June quarter

The Economic Times · Jul 30

Global Market Today: Asian stocks mixed, bonds slip after Fed decision

Asian stocks fluctuated on Thursday as semiconductor shares declined. Treasury yields reached multi-decade highs following the Federal Reserve's policy decision. Microsoft's cloud growth boosted its stock, while Meta's forecast caused a slide. South Korea implemented measures to stabilize its stock market after a significant rout. Oil prices edged lower amid…

Bangkok Post · Jul 29

South Korea's industrial policy enters a new era

Around the world, governments are again using the tools of industrial policy -- subsidies, tax incentives, public finance, trade measures, and strategic regulation -- to shape their economies. South Korea is no exception.

International Business Times UK · Jul 29

South Korea Stock Chaos: Investors Lay Funeral Wreaths After ETF Rout as KOSPI Wipes $2T, Minister Apologises

South Korea is reviewing single-stock leveraged ETFs after a sharp KOSPI sell-off prompted investor protests and a ministerial apology.

International Business Times · Jul 29

SK Hynix's Stock Has Been Plummeting. Short Sellers Are Piling Up

The ADRs of South Korean chipmaker SK Hynix have been falling over the past weeks amid a broader rout in the sector. Short sellers have been piling up bets against the company.

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