SeongJoon Cho
Coverage of SeongJoon Cho in the Nexus archive.
- South Korea Opens 24-Hour Won Trading at a Fraught Moment
South Korea has introduced 24-hour trading for the South Korean won amid a tense economic climate. The move comes at a time described as 'fraught,' suggesting heightened market or geopolitical pressures.
- Emerging Market Currencies Erase 2026 Gains as Dollar Advances
Emerging market currencies have erased their 2026 gains as the dollar strengthens. The South Korean won is approaching its weakest level since 2009.
- Oil Jumps After Tanker Hit in Middle East Flare-Up
Oil prices initially jumped following a Middle East flare-up involving a hit tanker but later erased gains as progress on a US-Iran peace deal increased flows through the Strait of Hormuz. The incident occurred at Odfjell Terminals Korea Co. facilities in Ulsan, South Korea.
- Korea’s JoongAng Seeks Rehabilitation After Broadcaster Default
Korea’s JoongAng is seeking rehabilitation following a broadcaster default. The article includes a photo of traffic in Seoul's Yeouido financial district, highlighting the location's activity.
- OpenAI Filed Confidentially for IPO as Rivals Race to Market
OpenAI has filed confidentially for an IPO as competitors race to market. The article mentions OpenAI signage in Seoul.
- Indonesia Denies Rumors of Finance Minister Change
Indonesia has denied rumors about a change in its finance minister. The article mentions Indonesia's national flag but provides no further details.
- Emerging Stocks Extend Rally as AI Boom Outweighs Iran Doubts
Emerging stocks continued their upward trend driven by the AI boom, despite lingering uncertainties related to Iran. The rally highlights investor confidence in technology-driven markets over geopolitical concerns.
- Korea to Monitor $37 Billion of Overseas Private Credit Exposure
South Korea plans to monitor $37 billion in overseas private credit exposure. The country's economy is projected to grow 3.9% in 2014, the fastest pace since 2010, following a 2.8% expansion in 2013.
- Samsung, TSMC Spur Reality Check After Historic AI Stock Boom
Samsung Electronics Co. and SK Hynix Co. stock prices are displayed at the Korea Exchange in Seoul, South Korea, after a historic AI stock boom. The stocks have spurred a reality check. The event occurred on May 7, 2026.
- Samsung workers set to strike at worst possible time
Samsung Electronics workers are planning an 18-day strike after bonus payment negotiations collapsed, which will affect the company's domestic chipmaking plants and exacerbate the ongoing memory chip shortage. The strike is set to start on Thursday and will involve over 47,000 workers. The union had agreed to mediation proposed by South Korea's National Labor Relations Commission, but management at Samsung Electronics rejected the deal.
- Samsung Shares Jump After Leaders Resume High-Stakes Union Talks
Samsung shares increased after the company's leaders resumed high-stakes union talks. The talks are crucial for resolving labor disputes and potentially ending strikes. This development may impact Samsung's operations and workforce in South Korea.
- Global Funds Speed Up Korea Stock Exit as Record Rally Extends
Global funds are accelerating their exit from Korean stocks as a record rally extends. Foreign exchange dealers are working to manage the situation. The rally has led to a significant increase in stock prices.
- Vestas CEO on Demand, European Energy Security
Vestas CEO discusses demand and European energy security. Vestas Wind Systems A/S is involved in the conversation. The topic revolves around energy security in Europe.
- Companies Rush to Sell Bonds in Europe’s Market at Record Pace
Companies are selling bonds in Europe's market at a record pace, with Airbus SE issuing its first bond in nearly six years. This surge in bond sales indicates a strong demand for debt financing. The sales are driven by favorable market conditions.
- Hyundai Motor Misses Estimates as Geopolitical Headwinds Hit
Hyundai Motor Co. reported missing financial estimates, attributed to challenges posed by geopolitical headwinds. A Palisade SUV destined for export was photographed at a port near the company's Ulsan plant.
- Commodity Houses Are Perfectly Placed for a Wartime Trading Bonanza
Escalating Middle East tensions and rising oil prices due to the Iran conflict led to a decline in South Korean equities, prompting investors to reduce risk exposure. The situation is being monitored in trading rooms, such as at Hana Bank in Seoul.
- PepsiCo Beats on Salty Snacks Rebound, Beverage Innovation
PepsiCo Inc. outperformed expectations due to a rebound in salty snacks and beverage innovations. The article highlights the company's strong performance in these segments.
- Korean Air Shares Up on Earnings Surprise Despite Jet Fuel Fears
Korean Air's shares rose following an earnings surprise, despite concerns over jet fuel costs. The airline's brand refresh and acquisition of Asiana Airlines Inc. have positioned it as Asia's second-largest airline group.