South Korea
Tracked across 796 articles in the Nexus archive. Showing the most recent 40.
- SK Hynix Debut Is a Bet That AI Breaks Boom-and-Bust Chip Cycle
SK Hynix Inc. raised $26.5 billion in a US initial public offering (IPO) through American depositary receipts, marking the largest first-time share sale by a foreign company in the US. The article links the offering to the potential of AI disrupting the traditional boom-and-bust cycle in the chip industry.
- Asian powers consolidate regional alliances beyond US, China
Asian powers including Australia, Japan, South Korea, and Taiwan are enhancing domestic military manufacturing due to US missile delivery delays and deepening regional alliances. India, Japan, and Australia are pursuing diplomatic initiatives, such as India's uranium supply deal with Australia and defense agreements with Pacific island nations.
- SK Hynix hits the U.S. stock market as demand for memory chips soars amid AI frenzy
SK Hynix is entering the U.S. stock market with a $26.5 billion IPO as AI-driven demand for memory chips surges. The company partners with Nvidia and plans a U.S. production facility in Indiana, while expanding a $518 billion chipmaking hub in South Korea.
- SK Hynix hits the U.S. stock market as demand for memory chips soars amid AI frenzy
SK Hynix is entering the U.S. stock market with a $26.5 billion IPO, driven by soaring demand for memory chips fueled by AI advancements. The company partners with Nvidia and holds a dominant position in high bandwidth memory, a critical component for AI development.
- SK Hynix raises $26.5 billion, is the biggest foreign listing in U.S. history in its Nasdaq debut
SK Hynix raised $26.5 billion through its Nasdaq debut, becoming the largest foreign listing in U.S. history. The South Korean memory chipmaker priced 177.9 million ADRs at $149 each, surpassing Alibaba's 2014 U.S. offering.
- As SK Hynix lands in the U.S., here’s why investors should be wary of the chip sector’s ‘bubblelike’ volatility
SK Hynix's entry into the U.S. market has raised concerns among investors about the chip sector's volatile performance, drawing comparisons to turbulence seen in South Korea. Traders are cautious about potential instability spreading to Wall Street.
- Lokesh proposes Andhra-Korea Investment Desk, invites Kia to expand near Visakhapatnam
Lokesh proposed the Andhra-Korea Investment Desk during his South Korea tour and invited Kia to establish EV and export facilities near Visakhapatnam Port. He also sought Korean partners for the state’s data centre and renewable energy initiatives.
- Asian stocks climb and oil prices slip as traders monitor Iran war developments
Asian stocks rose due to increased buying of technology-related shares, while oil prices declined as traders observed tensions between Iran and the U.S. South Korea's Kospi and Japan's Nikkei 225 gained significantly, and tech stocks like SK Hynix and SoftBank Group saw notable gains. Oil prices fell amid limited vessel traffic through the Strait of Hormuz.
- South Korea’s SK Hynix raises $26.5bn in record-breaking US IPO
South Korean chip giant SK Hynix raised $26.5 billion in a record-breaking US IPO, surpassing Alibaba's 2014 IPO as the largest debut by a foreign firm in the US.
- Asian stocks climb and oil prices slip as traders monitor Iran war developments
Asian stocks rose on Friday, driven by technology-related shares, while oil prices fell as traders tracked Iran-U.S. tensions. Key indices like South Korea's Kospi and Japan's Nikkei 225 advanced, and oil prices declined amid supply concerns at the Strait of Hormuz.
- NKorea plans to bolster nuclear force, expand spying activities in SKorea in ‘radical way’
North Korea plans to enhance its nuclear capabilities in both quality and quantity, as well as expand spying activities in South Korea 'in a radical way', according to a military commission meeting cited by state media.
- South Korea chip maker SK hynix rides AI boom raising $26.5bn in huge US listing
SK hynix, a South Korean chip maker, is raising $26.5bn through a US listing on Nasdaq, capitalizing on the AI boom. The company's profits have surged due to demand for advanced memory chips in AI datacenters, making it one of the largest stock sales globally.
- South Korea chip maker SK hynix rides AI boom raising $26.5bn in huge US listing
SK hynix, a South Korean chip maker, is raising $26.5bn through a US listing on the Nasdaq, capitalizing on the AI boom. The company's profits have surged due to increased demand for advanced memory chips from global AI datacentre construction.
- SK Hynix raises $26.5bn in US market debut
SK Hynix raised $26.5 billion in its US market debut, marking the largest-ever US listing by a foreign company.
- How an app in South Korea will let victims track their stalkers
South Korea is introducing an app to help stalking victims track their stalkers, though some experts question its effectiveness. Officials support the app as a tool for victims, but its real-world impact remains uncertain.
- 【今朝の5本】仕事を始める前に読んでおきたい厳選ニュース
Samsung and SK Hynix will invest at least 1,350 trillion won ($880 billion) in chips and data centers as South Korea aims to maintain its competitive edge in the AI era. The investment is part of broader efforts by South Korean firms to strengthen their positions in advanced technologies.
- The Global Economy Is Both Alive and Dead
The IMF reported the global economy has weathered the Iran war better than feared, with GDP growth forecast at 3% and inflation at 4.7% due to energy price increases. President Trump declared the cease-fire 'over' and resumed U.S. bombing of Iran, while the U.S. economy remains unaffected, with the S&P 500 rising 9% since the war began.
- The U.S. and China are today’s leaders in AI. These countries could be the next-stage champions.
The U.S. and China are currently leading in AI, while South Korea and the United Arab Emirates are identified as potential next-stage champions in AI development and adoption by Bank of America economists.
- Meet SK Hynix, the trillion-dollar South Korean chipmaker debuting on U.S. markets
SK Hynix, a South Korean chipmaker, has seen its stock price rise sevenfold in the past year and is now listing on the Nasdaq. The company is debuting on U.S. markets as a trillion-dollar firm.
- Can You Hack Your Brain to Stop Impulse Buying? | Money Moves with Jill Schlesinger
South Korea is experiencing a rise in 'dopamine sites' that allow users to simulate the thrill of online shopping or food delivery without spending money, potentially aiding compulsive spenders. Jill Schlesinger helps caller Danielle navigate financial challenges after she took a pay cut and now faces unexpectedly high college costs for her child while trying to save for retirement.
- How South Korea's SK Hynix Became Central to the AI Boom
SK Hynix, a South Korean memory chipmaker, has emerged as a top name in the stock market's hottest sector, driven by its role in the AI boom. The company is preparing for a US listing after overcoming past challenges.
- South Korea set to power US fight for naval dominance amid rising geopolitical tensions
The United States is leveraging South Korea's advanced shipbuilding industry to modernize its aging naval fleet, addressing domestic industry challenges like construction delays and supply chain issues. This collaboration expands the bilateral alliance into defense manufacturing, technology, and industrial production.
- South Korea’s Supreme Court upholds prison sentence for Yoon in first martial law case
South Korea’s Supreme Court upheld a seven-year prison sentence for Yoon Suk Yeol in the first case related to his 2024 martial law imposition. The decision marks the first case from multiple criminal trials against him to reach the country’s highest court.
- Ghost of 1997 financial crisis still haunts world’s best-performing stock market
South Korea's ambition to be recognized as a developed market is hindered by the lingering effects of the 1997 Asian currency crisis. The country's best-performing stock market remains impacted by the scars of the 1997 financial collapse.
- South Korea’s AI chip boom separates the haves from the have-mores
South Korea's AI chip boom is creating a disparity where semiconductor workers receive large bonuses, making individuals in traditionally prestigious jobs feel relatively worse off.
- Nvidia Is World’s Most Valuable Company and Cheaper Than Hershey
Nvidia has become the world’s most valuable company and is currently cheaper than Hershey. Jensen Huang confirmed that three major memory chipmakers are certified to supply high-bandwidth products for Nvidia’s AI accelerators.
- Nato, Indo-Pacific 4 pledge defence, tech boost as deeper China-Russia ties spark alarm
NATO and its Indo-Pacific partners (Australia, Japan, New Zealand, and South Korea) pledged to expand cooperation in defense industry and advanced technology amid growing concerns over deepening Russia-China ties. Secretary General Mark Rutte met with IP4 officials during the NATO summit in Ankara to discuss the partnership.
- South Korea’s market chaos puts region on AI meltdown alert
South Korea's market turmoil is serving as an early warning system for potential AI-driven economic risks in the region. The situation highlights concerns over over-reliance on artificial intelligence in financial and technological sectors.
- South Korea swings from political paralysis to punitive power
South Korea began enforcing a new law on July 7 targeting false and manipulated information. The law allows punitive damages up to five times proven losses against news organizations and online channels that knowingly distribute prohibited content for harm or profit. Repeat violations after a final determination of falsehood may result in further penalties.
- South Korea falls into bear market as traders fret over AI chipmakers’ prospects
South Korea's stock market entered a bear market as the Kospi index fell more than 20% from its June peak. Traders are increasingly concerned about the future prospects of major AI chipmakers Samsung Electronics and SK Hynix.
- Asia’s super-aging societies are sparking a boom in high-end longevity clinics—even if ‘public enthusiasm’ is outpacing the science
Asia's aging population is driving growth in high-end longevity clinics, with partnerships between wellness facilities and luxury hotels expanding across Singapore, Thailand, and other super-aged nations. Experts caution that public enthusiasm for anti-aging treatments may outpace scientific validation, as rising incomes and post-pandemic priorities fuel demand for health-focused luxury services.
- Korean Stocks Extend Drop From Peak to 20% as AI Jitters Spread
Korean stocks have fallen 20% from their peak due to spreading concerns over artificial intelligence (AI). The decline reflects growing uncertainty in the market regarding AI's impact.
- US rare earths flow to Asia as domestic demand is slow to emerge
US rare earths are being sold to Japan and South Korea despite efforts to build a domestic supply chain. Miners supported by the Trump administration are prioritizing Asian markets over domestic demand.
- South Korea loses Canada submarine deal but cements top-tier defence status
South Korea lost Canada's $40 billion submarine order to Germany's Thyssenkrupp Marine Systems but demonstrated its capability to compete with traditional undersea warfare powers, enhancing its defense reputation. Analysts highlight that the close contest with Germany cements South Korea's top-tier defense status in the eyes of global buyers.
- Non-Stop Travel launches exciting deals & new opportunities
Non-Stop Travel is offering exclusive kamaʻāina specials, premium tickets to University of Hawaiʻi Warriors football games, escorted group tours to Japan and South Korea, and over 20 escorted sailings aboard Princess Cruises' Diamond Princess and Sapphire Princess.
- Ecuador’s Korea Trade Deal Nears the Finish Line After a Decade
Ecuador has ratified its trade pact with South Korea, awaiting Seoul's approval. The agreement would allow 99% of Ecuador's exports to enter Korea tariff-free, with shrimp losing a 20% tariff.
- South Korean law targeting ‘fake news’ takes effect, but journalists say it discourages critical reporting and can lead to self-censorship
South Korea enforced a law allowing punitive damages against news outlets and social media influencers for spreading false information, prompting concerns from journalists and civil liberties groups about self-censorship and restricted critical reporting. The law permits fines of up to 1 billion won for repeat violations and mandates content removal by large social media platforms upon reporting false information.
- Lokesh seeks EV, semiconductor investment from Korean giants for Andhra Pradesh
The Minister invited Hyundai Mobis, LG Electronics, and APACT to invest in EV, semiconductor, and electronics units in Andhra Pradesh during a South Korea visit. LG confirmed a ₹5,000-crore plant at Sri City.
- China’s birth rate just hit its lowest point since 1949—and Trip.com cofounder James Liang thinks that’s a threat to innovation
Trip.com cofounder James Liang warns that China's record-low birth rate of 5.63 per 1,000 people in 2023 threatens innovation, as declining populations reduce the talent pool for technological advancement. He highlights East Asia's demographic crisis, with Japan, South Korea, and others nearing 'super-aged' status, and notes global fertility rates below replacement levels in two-thirds of countries.
- South Korean law targeting ‘fake news’ takes effect as journalists’ groups raise concerns
South Korea enforced a law allowing steep punitive damages against news outlets and social media influencers for spreading false information. Journalists' groups warned the law could chill public discourse and invite censorship due to vague definitions and lack of safeguards.