Korea Economic Daily

Mirae Asset Securities was allocated 2,314,815 shares as part of the underwriting syndicate for SpaceX’s initial public offering. At the offer price, the allotment is worth about $312.5 million. Documents posted on the US Securities and Exchange Comm

Rhee Chang-yong, governor of the Bank of Korea, said interest rates need to rise without delay with a focus on price stability, effectively signaling a July increase in the benchmark rate. Since his first Monetary Policy Board meeting after taking of

The US government last month imposed tariffs of 10% to 12.5% on 60 countries, including South Korea, saying they were not doing enough to stop the circulation of goods made with forced labor. That rationale has since triggered a public clash between

Choi Su-jin, Hankyung.com reporter naive@hankyung.com

Choi Su-jin, Hankyung.com reporter, naive@hankyung.com

Three straight sessions of plunge, surge and plunge leave investors in panic Korea’s ‘fear gauge’ hits a record high, sounding a warning on stock-market volatility South Korea’s stock market is going through its most volatile stretch since the 2008 g

KOSPI drops below 8,000, but debt-funded investing rises instead Overdraft loans and margin credit up 1.7 trillion won ($1.23 billion) in five days Investors appear to be betting on a short-term rebound in a volatile market Overdraft loans at South K

Pushes Ahead With Digital Health Business Invests Additional $175 Million in Element Becomes Top Shareholder With Stake in the 20% Range Secures Core Precision Medicine Technology Moves to Strengthen Health Services on Wearables Samsung Electronics h

"Crusoe Halts Data Center Development Work" South Korea’s Kospi fell back below the 8,000 mark on June 10 as weakness in US technology shares hurt sentiment. The Kosdaq rose on retail buying. As of 9:10 a.m., the Kospi was down 125.58 points, or 1.55

Trump says Iran shot down Apache helicopter and response is unavoidable Iranian military source says there were no air attack operations in the past 24 hours The US and Iran clashed over the crash of a US Apache helicopter near the Strait of Hormuz.

South Korea’s asset-management industry is splitting over SpaceX’s planned listing after financial regulators effectively blocked passive exchange-traded funds from participating in the initial public offering. The guidance allows active ETFs to buy

Kospi surged in intraday trading to reclaim the 8,000 level. Park Su-bin, Hankyung.com reporter, waterbean@hankyung.com

Won-dollar rate breaks above 1,550 Highest since the global financial crisis FX authorities step up verbal intervention "Middle East risks must ease, and foreign outflows need to slow" South Korea’s won briefly weakened past 1,550 per dollar, reachin

Brokerage research chiefs Offer an emergency read on the Kospi slump "Not a full-blown bear market, but the Kospi could fall toward 7,000" Rising US rates and AI investment worries seen as main triggers Volatility expected to persist for now Semicond

Chinese President Xi Jinping attended a welcome banquet hosted by North Korean leader Kim Jong Un after summit talks in Pyongyang, with both sides saying the visit produced an important agreement. Xinhua News Agency reported that Xi said in a speech

SK Hynix Inc. fell 7.68% on South Korea’s benchmark stock market on June 8, but a single-stock leveraged exchange-traded fund tied to the chipmaker surged nearly 50% at the close. According to the Korea Exchange, Korea Investment Management’s ACE SK

President Lee Jae-myung said on June 8 that the recent rise in the won-dollar exchange rate is high but temporary. The won was trading around 1,550 per dollar earlier in the day after climbing sharply in recent sessions. At a news conference marking

Samsung Electronics Co. and SK Hynix Inc. tumbled in early trading on June 8, shaking South Korea’s stock market as a rout in U.S. semiconductor shares spilled over into Seoul. Samsung briefly fell below 300,000 won, while SK Hynix dropped under 2 mi

55MW launch set for 2027, with expansion to gigawatt scale Partnership combines Nvidia’s DSX platform with Naver technology Alliance targets AI infrastructure leadership in Asia, the Middle East and Europe Naver said it has formed an integrated partn

President Donald Trump urged Iran on June 7 to return to the negotiating table and strike a deal, while also pressing Israel to refrain from retaliating. His comments came after Iran fired about 10 ballistic missiles at northern Israel, ratcheting up

Nvidia Chief Executive Officer Jensen Huang will spend the final day of his South Korea trip on June 8 meeting major Korean companies, a university and AI startups to discuss broader cooperation. According to industry officials, Huang will start the

“Telecom networks will be used for AI in the future” “I had dinner with Chairman Lee Jae-yong a few weeks ago” Nvidia Chief Executive Officer Jensen Huang said on June 7 that there could be “a few announcements” on June 8. Huang made the remarks to r

Current-account surplus and stock surge backfire Won breaks through key 1,550 psychological level The won has broken below the key psychological threshold of 1,550 per dollar. The average won-dollar exchange rate in the second quarter climbed to its

A listing for the history books is coming SpaceX commands investors' attention NH Investment & Securities sees the KOSPI at 7,800-8,900 this week The KOSPI is set to swing between June 8 and June 12 depending on sentiment surrounding SpaceX's planned

Lee Song-ryeol, Hankyung.com reporter yisr0203@hankyung.com

Hong Seok-won, Partner at Hashed Having watched digital assets for years, I believe the industry has reached a decisive inflection point. Stablecoins were once treated as a refuge from crypto-market volatility or as a tool relevant only within exchan

The South Korean won weakened past 1,540 per dollar on June 5 as Middle East geopolitical tensions and foreign capital outflows combined to rattle local markets. The move took the currency to its highest level since the global financial crisis. A jum