Kakao Corp plans to spin off its chat app-based platform business into a new company, tentatively named KakaoAI, and relist it on the Korea Exchange on Jan 27, 2027, following a Jan 1 split. KakaoAI w…
The KOSPI closed at 6,869.83 on Tuesday, down 1.55 percent, as heavy institutional selling and concerns over high U.S. Treasury yields erased a chip-driven rally, according to the Korea Exchange. The …
Outstanding short selling on South Korea's stock market reached 19 trillion won ($13.4 billion) as of Tuesday, up 14 percent from 16.73 trillion won at the end of last month, according to data from th…
The Korea Exchange (KRX) activated a buy-side sidecar for the KOSPI on Wednesday, suspending program trading for five minutes at 9:25 a.m. after the index surged 4.53 percent, driven by gains in techn…
South Korea's Kospi fell 22.19 percent in July after surging 101.14 percent in the first half, prompting calls for tighter scrutiny of overly bullish brokerage research and stricter margin-lending rul…
South Korea's Kopsi index plunged over 40% from its June highs after chipmaker SK Hynix failed to impress investors despite a sixfold earnings increase, triggering two consecutive circuit breakers on …
SK Hynix reported Q2 2026 operating profit of KRW 60.54 trillion, a 557% surge from a year earlier, but missed analyst expectations of KRW 64 trillion, causing shares to slump 9.6% to 13% on the Korea…
Seoul shares plunged nearly 6% Wednesday, extending a rout driven by investor skepticism over whether massive AI spending will yield sufficient returns, with the KOSPI falling 360.42 points to 5,663.2…
Seoul shares turned lower late Wednesday morning, with the KOSPI falling 6.24% to 5,647.65, as investors dumped tech stocks amid concerns over future AI spending. The Korea Exchange activated a sell-s…
The Korea Exchange (KRX) activated a sell-side sidecar for the KOSPI on Wednesday after the index fell more than 4.5%, suspending program trading for five minutes around 10:55 a.m. The decline was dri…
Korean stocks plummeted more than 8 percent late Tuesday morning as the Korea Composite Stock Price Index (KOSPI) fell 580.04 points, or 8.59 percent, to 6,175.71, triggering a marketwide circuit brea…
The Korea Exchange (KRX) activated a circuit breaker for the KOSPI on Tuesday after the index plunged more than 8 percent, halting trading for 20 minutes. The sell-off was driven by investors dumping …
Korean stocks opened sharply lower Tuesday, with the KOSPI falling 6.41 percent to 6,322.80, driven by losses in tech shares after a selloff in chipmakers on Wall Street. The Korea Exchange activated …
SK Hynix's American Depositary Receipts fell below their $149 listing price for the first time on July 13, erasing the entirety of their debut rally in less than a week of trading. The South Korean me…
Seoul shares extended losses late Thursday morning, with the benchmark KOSPI falling 7.16 percent to 6,762.92, led by chip stocks amid escalating Middle East conflict and renewed AI valuation concerns…
Samsung Electronics has ruled out listing shares in the United States or issuing American depositary receipts, the Korean tech giant announced, quashing speculation about a US capital market move whil…
SK Hynix shares plunged more than 15% in Seoul on Monday, the stock's worst single-day decline on record, just three sessions after its $26.5 billion Nasdaq ADR listing. The crash triggered a 20-minut…
SK hynix raised approximately $26.5 billion through a U.S. share offering, the largest-ever U.S. listing by a foreign company, as surging demand for AI memory chips drives growth. The South Korean sem…
SK Hynix priced its American depositary receipts at $149 each on July 9, raising approximately $26.5 billion in the largest foreign offering in history, surpassing Alibaba's 2014 record. The South Kor…
SK Hynix, the South Korean memory chipmaker, is preparing to list on the Nasdaq through American depositary receipts, targeting approximately $28 billion in proceeds. The offering is already more than…