Korea Economic Daily

Ko Jeong-sam, Hankyung.com reporter, jsk@hankyung.com

The Bank of Korea's Monetary Policy Board held its benchmark interest rate at 2.5% at a monetary policy meeting on May 28. Uncertainty stemming from the war in the Middle East was cited as the main reason. The conflict, which began in late February w

SK Hynix's market capitalization surpassed $1 trillion on May 27, joining Samsung Electronics earlier this month and Micron Technology overnight as the latest beneficiaries of expectations that the global memory-chip boom will continue. Investor dema

Samsung Electronics, SK Hynix Help Lift ETF Market Above 500 Trillion Won After 24 Years 100 Trillion Won Added in 42 Days Average Daily Trading Value Reaches 28 Trillion Won This Month The market capitalization of exchange-traded funds listed in Sou

Han Kyung-woo, Hankyung.com reporter case@hankyung.com

The Nasdaq Composite and the S&P 500 closed at record highs in New York after Micron Technology led a rally in semiconductor shares on the back of an aggressive price-target increase from UBS. On May 26, the S&P 500 rose 45.65 points, or 0.61%, to 7,

Pezeshkian reiterates stance in talks with Qatar’s emir, who mediated negotiations Iranian President Masoud Pezeshkian said Iran is ready to complete efforts to end conflict and tensions in the Middle East. Iranian media, including Fars News Agency,

President Donald Trump said on May 25 that Iran’s enriched uranium, a central issue in negotiations over ending the conflict, could be destroyed inside Iran. In a social media post, Trump wrote that the enriched uranium would either be transferred im

South Korea’s Kospi closed above 8,000 for the first time on record as hopes for an end to the conflict between the US and Iran lifted investor sentiment. Samsung Electronics Co. and SK Hynix Inc., the country’s two chipmaking heavyweights, also topp

The US and Iran are drafting a peace agreement to end the war, including a 60-day ceasefire, and a US official said Iran has agreed in principle to give up its enriched uranium. Washington is also preparing a plan to ease sanctions in stages based on

Asian stock markets including Japan and Taiwan climbed to record highs on May 25 as hopes grew for a ceasefire in the Middle East and the reopening of the Strait of Hormuz. Buying was driven by easing geopolitical risks and a pullback in oil prices,

Wall Street rally on hopes for progress in U.S.-Iran talks lifts Tokyo stocks Kioxia jumps nearly 6% again Japan’s Nikkei 225 Average climbed above 65,000 for the first time intraday on May 25, setting a fresh record high. The benchmark opened sharpl

President Donald Trump said on May 23 that a ceasefire deal with Iran was close. U.S. officials have also said an initial agreement would include Iran giving up its highly enriched uranium. The New York Times reported on May 23, citing multiple U.S.

Foreign investors have sold a net 92 trillion won ($67.2 billion) of South Korean stocks this year Rebalancing-driven selling is fueling the outflows A rise in 30-year U.S. Treasury yields above 5.2% has also added pressure The won’s real purchasing

Samsung Electronics Accepts Shareholder Register Inspection Request Retail Investors Seek to Rally 1.5% Stake Union Voting Turnout Tops 80% Samsung Electronics Co. has accepted a request from retail shareholders to inspect and copy its shareholder re

US sends Iran a ‘final proposal’ Trump scraps holiday plans after security meeting Military and intelligence agencies on standby Pakistan and Qatar join mediation push Diplomacy remains deadlocked The US is keeping open the option of renewed military

South Korea’s finance ministry and the Bank of Korea issued a joint verbal warning just before the close of daytime trading on May 22 after the won settled above 1,510 per dollar at 1,517.2. The move signaled authorities would not stay on the sidelin

President Donald Trump delayed signing an executive order that would require developers to share their most advanced artificial intelligence models with the government before release. Trump had planned to sign the order at an event on May 21 attended

Why Public Sentiment Turned Against the Union Debate Over a Peak in Chip Profits Added to the Pressure Criticism Intensified as the Stock Tumbled Samsung Electronics Co.’s labor union failed to win broad public support for its demand for performance-

Union chief apologizes that the deal cannot satisfy everyone Some in DX and non-memory units call for proposal to be voted down Samsung Electronics Co. and its labor union will put a tentative agreement on performance bonuses to a membership vote sta

Kospi posts its biggest-ever point gain on a wave of positive catalysts Chip rebound lifts the index back above 7,800 606.64-point surge sets a record Buy-side sidecars triggered in both Kospi and Kosdaq Cooling Treasury yields, lower oil prices and

Samsung Electronics Co. and SK Hynix Inc. jumped in pre-market trading on May 21. As of 8:05 a.m. on Nextrade's NXT pre-market, Samsung Electronics was trading at 293,000 won, up 6.16% from the previous session. SK Hynix rose 4.3% to 1.82 million won

Samsung Electronics and SK Hynix retail investors brace for a sleepless night All eyes are on Nvidia’s guidance Nvidia to report earnings on May 21 Second-quarter guidance is the key HBM demand at Samsung Electronics and SK Hynix in focus Nvidia’s fi

Elon Musk’s SpaceX has decided to acquire AI coding startup Cursor within a month of its initial public offering, Bloomberg reported on May 19. SpaceX is preparing to file for a Nasdaq IPO with the US Securities and Exchange Commission as early as Ma

The Kospi remained under pressure on May 20 as foreign investors continued to sell. The benchmark index at one point fell 3% and briefly slipped below 7,000, before paring some of its losses as Samsung Electronics Co. and SK Hynix Inc. turned higher.

A second round of post-mediation talks between Samsung Electronics Co. and its union continued beyond the deadline set by South Korea's National Labor Relations Commission, extending what had been billed as a final round of negotiations. Samsung Elec

President Donald Trump said May 18 that negotiations to end the conflict with Iran were close to a deal and that he would be satisfied if any agreement barred Iran from obtaining nuclear weapons. Trump made the remarks at a White House event on lower

The Korea Exchange is revising its market surveillance enforcement rules to broaden exemptions from investment warning designations. Under the proposal, the bourse would fully exclude the top 100 stocks by market capitalization from both investment w

U.S. stocks ended mixed on May 18. At the New York Stock Exchange, the Dow Jones Industrial Average rose 159.95 points, or 0.32%, to 49,686.12. The S&P 500 fell 5.45 points, or 0.07%, to 7,403.05, while the Nasdaq Composite lost 134.41 points, or 0.5