Seoul

UBS recommends purchasing SK Hynix's new American Depositary Receipts (ADRs) while advising the sale of its Seoul-listed shares. The analysis focuses on SK Hynix's stock strategy in both international and domestic markets.

Samsung Electronics Co.'s results have prompted a stock rotation towards less favored sectors. The company's headquarters in Seoul is highlighted in the article.

Tether’s former CIO plans to sell their stake in the stablecoin company. The article includes a photo of the Tether logo at a Bithumb exchange office in Seoul.

The South Korean won remained stable against the US dollar during its first day of 24-hour trading, marking a milestone in Seoul’s effort to open financial markets to global investors. The currency initially rose slightly before easing slightly later in the day.

Seoul cafés are hosting birthday parties for celebrities who do not attend, and nearly 100 monkeys escaped from an enclosure in Thailand.

The article highlights global investments in AI memory chips, particularly the High Bandwidth Memory (HBM) gamble, and examines its implications for Latin America. The focus is on how this tiny chip is influencing the world economy.

Chinese tourists are traveling to Seoul for duty-free shopping, beauty treatments, and cosmetics due to currency advantages and K-beauty popularity. A group including Chelsea Wang and her friend Wu focused on discounted items like backpacks and perfume during their trip.

Meta's cloud plan triggered a global memory-chip market decline, impacting regions from Seoul to Wall Street. The article highlights Asia's AI boom as a connected trade and its implications for Latin America.

Michael Burry's short bet against Nvidia and the global chip market triggered a Seoul circuit breaker and a worldwide market reaction. The article examines the implications of the AI bubble scare for Latin America.

MBK Partners is facing a sanctions process in the Homeplus case, according to the FSS. The company's logo is displayed in Seoul.

South Korea's government has disputed a U.S. congressional report that accuses the country of discriminating against Coupang, a Seattle-based company. The report claims Seoul engaged in discriminatory practices against the e-commerce firm.

Global interest in Korea is increasing as anticipation builds for 24-hour won trading. The Yeouido financial district in Seoul is highlighted as a key location in this development.

South Koreans are using AI-generated videos of deceased loved ones to cope with grief, with companies like Vaice creating digital likenesses based on photos and voice samples. The practice raises ethical and psychological questions while offering emotional comfort to some families.

Musinsa, backed by KKR, is expanding its Asia store presence ahead of an IPO. The company's Seongsu Megastore in Seoul is highlighted in the article.

A disagreement between Seoul and the US-led United Nations Command (UNC) has emerged over North Korea's recent border fortifications, with South Korea claiming the actions violate the 1953 Korean war armistice agreement while the UNC does not. The dispute also involves conflicting views on authority to govern access to the demilitarised zone (DMZ).

Jeon Seung-il, a former art student, faces charges from an indictment first written in 1989 related to a political painting. The case remains ongoing 37 years later, with the charges unchanged since their initial filing.

A doubt about AI-chip valuations caused varying market reactions across four regions, with a ten percent crash in Seoul and minimal impact in Latin America. The event highlighted divergent responses to AI-related economic concerns.

SpaceX raised $800 million from Korean investors during its trading debut. The event occurred in a trading room in Seoul, involving foreign exchange dealers.

A tentative deal to end the Iran war and reopen the Strait of Hormuz boosted Asian stocks, with benchmarks in Tokyo and Seoul rising over 5%, while oil prices fell more than $4 per barrel. U.S. President Donald Trump confirmed the agreement, authorizing an end to the U.S. naval blockade of Iranian ports, though implementation is pending a signing in Switzerland.

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.

North Korea has protested against Seoul and the EU for rebuking their ties with Russia. The article highlights North Korea's reaction to the criticism of its relationship with Russia.

Asian investors are unable to directly participate in SpaceX’s US$75 billion IPO and are instead investing in space supply chain companies, industry-themed ETFs, and Nasdaq 100 Index-tracking funds to capture potential gains.

OpenAI has filed confidentially for an IPO as competitors race to market. The article mentions OpenAI signage in Seoul.

South Korean stocks plunged, threatening the world's biggest stock rally as investors withdrew from artificial intelligence investments that had driven the global bull market. The exchange rate between the South Korean won and the US dollar was displayed at Hana Bank in Seoul.

South Korean President Lee Jae Myung nominated Han Seong-sook as the next prime minister, making her the second woman to hold the position if confirmed. Han currently serves as the minister for Small and Medium-sized Enterprises and Startups. Her nomination follows the ruling party's local election victory, though it lost the Seoul mayoral race, and requires parliamentary approval.

Nvidia CEO Jensen Huang stated that the selloff in tech stocks is a buying opportunity. He made the comment while in Seoul on June 8.

North Korean leader Kim Jong-un has intensified nuclear capabilities displays, seemingly timed with reports of an upcoming visit by China's leader and driven by concerns over Seoul's nuclear submarine discussions with Washington. Analysts suggest trilateral talks among the US, Japan, and South Korea have prompted Kim to reinforce Pyongyang's nuclear status.

Oh Se-hoon becomes Seoul’s mayor for the fifth time. The city selected the PPP incumbent again, raising questions about its implications for Seoul.

South Korean President Lee Jae Myung’s ruling party won most major local elections but suffered a narrow defeat in Seoul, weakening his reform agenda. The loss in the capital, a political and property-market hub, has undermined the party’s otherwise dominant performance and hindered plans for stricter real estate taxation.

Exit polls indicate the DP will secure 11 of 16 regional posts in local elections, with key results anticipated in Seoul and Busan.

South Koreans are voting in local elections considered a gauge of support for President Lee Jae Myung's government. The Democratic Party is expected to outperform the People Power Party, which remains in disarray following President Yoon Suk Yeol's 2024 martial law controversy. Key races, including the Seoul mayoral contest between DP's Chong Won-o and PPP's Oh Se-hoon, could determine the DP's dominance.

South Koreans voted in local elections viewed as a measure of support for President Lee Jae Myung’s government. The Democratic Party is favored to outperform the People Power Party, which faces internal turmoil following President Yoon Suk Yeol’s martial law incident. Key races include the Seoul mayoral contest between Democratic candidate Chong Won-o and People Power Party incumbent Oh Se-hoon.

Korean firms are shifting toward short-term funding as bond yields rise. The article references the Yeouido financial district in Seoul, a hub for financial activity.

Papa Johns is opening Pizza Planet-themed pop-ups in London, Seoul, Madrid, and Los Angeles in June to promote Disney and Pixar’s 'Toy Story 5'. The pop-ups feature retro arcade-style décor and interactive elements inspired by the fictional pizzeria from the 1995 film.

South Korean actor Kim Soo-hyun, who faced underage dating allegations involving late actress Kim Sae-ron, has been vindicated after police confirmed the incriminating audio evidence was AI-generated. Kim Se-ui, head of YouTube channel HoverLab (also known as Garo Sero Institute), was arrested for fabricating the evidence.

SK Hynix and Micron have entered the $1 trillion market capitalization club driven by surging demand for memory chips. The article highlights SK Hynix's presence at the World IT Show in Seoul, South Korea, as part of this growth.

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.

A section of an overpass under demolition in Seoul, South Korea, collapsed during a safety inspection, killing three workers and injuring three others. The incident occurred near a railway crossing in central Seoul, with emergency workers conducting search-and-rescue operations.

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.

A trendy Marriott hotel in Seoul has installed what may be the world's longest bed, designed for 'giants of the future.' The unusual installation reflects the hotel's innovative approach to guest accommodations and hospitality trends.