Seoul stocks opened lower Monday, with the KOSPI down 0.73 percent, or 50.77 points, to 6,862.18, as investors locked in gains ahead of Nvidia's earnings release for hints on the AI market's direction…
Goldman Sachs found that entry-level workers face more than three times the employment drag from AI exposure than the broader workforce, based on an analysis of over 800 occupations across developed e…
The Bank of Korea (BOK) reported Tuesday that 94 percent of jobs lost among South Koreans aged 15 to 29 over the past four years were in industries highly exposed to AI, with youth employment falling …
Youth employment in South Korea fell by 285,000 jobs from June 2022 to June 2026, with 94 percent of the decline (268,000 jobs) occurring in AI-exposed sectors such as IT services, publishing, compute…
Foreign investors remained net sellers of Korean securities for the sixth consecutive month in July, selling a net $21.65 billion worth of local stocks and bonds, according to data from the Bank of Ko…
South Korea plans to inject 20 trillion won (US$13.9 billion) into its sovereign wealth fund, the Korea Investment Corporation, for strategic investments in artificial intelligence, data centers and i…
South Korea's First Vice Finance Minister Lee Hyoung-il chaired discussions with financial authorities after the US Federal Reserve held its benchmark interest rate at 3.5-3.75 percent for the fifth c…
South Korea's stock market has lost about $2.18 trillion in value over two sessions, with the benchmark KOSPI index dropping as much as 12.6% on Wednesday before closing down 6%, extending Tuesday's n…
South Korea unveiled plans on June 29 to invest over $1 trillion in public and private AI infrastructure, anchored by a $518 billion commitment from Samsung Electronics and SK Hynix to build four new …
South Korea's chipmaking sector accounted for over 10% of the country's manufacturing output in 2024, driven by demand for AI infrastructure, the Bank of Korea reported. Semiconductor production reach…
South Korea's exports hit a record $29.8 billion in the first 10 days of July, driven by semiconductor shipments that nearly tripled to $11.2 billion, according to Korea Customs Service data. The chip…
South Korea's semiconductor exports hit a record $37.16 billion in May 2026, up 169.4% year-over-year, driven by global AI chip demand, prompting the government to raise its 2026 GDP growth forecast t…
Central banks including the Federal Reserve, Bank of Korea, European Central Bank, and London School of Economics converge on a two-phase theory: AI spending drives prices up now, but productivity gai…
Asian shares mostly declined Thursday, with South Korea's Kospi plunging 6.6% after the Bank of Korea raised interest rates for the first time since 2023 to curb inflation from the Iran war, while sel…
South Korea will pilot tokenized government bonds linked to the Bank of Korea's CBDC infrastructure in 2027, as part of its 2026 Economic Growth Strategy. The government also plans to invest approxima…
Samsung Electronics and SK hynix face a critical test of whether the memory chip boom is peaking or entering an AI-driven supercycle, with ASML and TSMC earnings this week and Big Tech results later t…
The Bank of Korea (BOK) said the global semiconductor market remains undersupplied and the current AI-driven supercycle is expected to continue for some time, dismissing concerns that the chip cycle h…
South Korea is moving to strengthen investor protections amid stock market volatility, even as chip-led export growth fueled by AI investments drives a record current account surplus of $14.1 billion …
South Korea's stock market has doubled this year, driven by AI-linked semiconductor stocks like SK Hynix and Samsung Electronics, but leveraged ETFs and retail borrowing have fueled extreme volatility…
Zuid-Korea exporteerde in mei voor het eerst meer dan 100 miljard dollar aan goederen, een stijging van 70% jaar-op-jaar, gedreven door de wereldwijde vraag naar AI-geheugenchips. Het land is nu de gr…