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The AI trade trap: Why successful tech stocks are triggering a trillion-dollar market meltdown in Korea, Taiwan

A sharp tech selloff exposed concentration risks in Asian markets, where chip giants such as TSMC, Samsung and SK Hynix dominate benchmarks. As their rapid gains pushed portfolio weights beyond risk limits, active fund managers were forced to sell despite strong fundamentals. The unwind triggered market volatility, accelerated fund outflows…

The Economic Times

South Korea's KOSPI dives nearly 9% as Fed fears hammer tech stocks

South Korea's KOSPI index plummeted nearly 9% on Monday, triggering circuit breakers, as strong U.S. jobs data fueled expectations of Federal Reserve rate hikes. Tech giants Samsung Electronics and SK Hynix saw significant drops, impacting the AI-driven rally. Despite the sharp decline, the KOSPI remains up substantially year-to-date.

The Economic Times

Digital Edge Secures Fully Powered Ansan Data Center Site in Power-Constrained South Korea, Advancing Expansion

SINGAPORE, June 8, 2026 /PRNewswire/ -- Digital Edge today announced the acquisition of a fully powered land parcel in Ansan, South Korea, supported by a 90 MVA power agreement, to develop SEL5 – a 60 MW hyperscale, AI-ready data center that further strengthens its position as a leading digital infrastructure…

AAP

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Nvidia clinches deals with South Korean giants include SK Group to advance AI boom

Speaking to reporters in Seoul, Huang's remarks underscored Nvidia's continued cooperation with SK Hynix, ‌a leading supplier of high-bandwidth memory (HBM) chips used ⁠in AI servers.

The Economic Times

Dayspring Pharma Announces Positive Topline Results from Phase II Clinical Trial of CG2001 for the Treatment of Androgenetic Alopecia (AGA)

SEOUL, South Korea, June 8, 2026 /PRNewswire/ -- Dayspring Pharma, a clinical-stage biotechnology company focused on innovative dermatology therapies, announced the first public disclosure of positive topline results from its Phase II randomized, double-blind, placebo-controlled trial of CG2001 at the 14th World Congress for Hair Research (WCHR) in Seoul, South…

AAP

The 34th Eye Level Literary Awards Opens Global Literary Submissions

SEOUL, South Korea, June 8, 2026 /PRNewswire/ -- Daekyo Culture Foundation and the World Youth Culture Foundation announce the opening of submissions for the 34th Eye Level Literary Awards – Global Literary category, proudly supported by the Ministry of Education, the Ministry of Culture, Sports and Tourism, and the Ministry…

AAP

Global Markets Watch: Tumbling tech darlings slam brakes on AI rally

Asian stocks experienced a significant plunge as investors exited AI-linked shares amid concerns of an overheated market. Disappointing outlooks from chipmakers and a strong U.S. jobs report, suggesting potential rate hikes, fueled the selloff. Fresh hostilities in Iran also pushed oil prices higher, adding to market fragility.

The Economic Times

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Who is Han Seong-sook? South Korea first likely woman Prime Minister in 20 years

South Korean President Lee Jae-myung has nominated Han Seong-sook, the country's minister for small and midsize businesses and startups, to be prime minister, the presidential office said on Sunday.

The Times of India

South Korea nominates first female PM in two decades

South Korea's business and start-ups minister Han Seong-sook is set to become its first female prime minister in 20 years.

AAP

What China and North Korea stand to gain from Xi Jinping’s rare summit with Kim Jong Un

Chinese leader Xi Jinping arrives in North Korea for first time in nearly seven years, offering North Korean dictator Kim Jong Un a stage to showcase an increasingly assertive foreign policy. Arpan Rai reports

The Independent UK

World’s hottest market has Korea bulls reaching for protection

South Korean stocks are seeing a shift from optimism to caution as investors trim positions and add protection. While chip giants Samsung Electronics and SK Hynix powered a significant rally, concerns about the market running too hot are leading to a more selective approach and a search for opportunities lower…

The Economic Times

Doing Business in South Korea? One Wrong Word Can Bring Down Your Brand

From Starbucks' Tank Day blunder to election protests, South Korea's political climate is making it one of the world's riskiest brand environments.

International Business Times

South Korean government defends $779,000 scheme to install air conditioning in prisons

Justice ministry says air conditioning units will be provided in prison corridors

The Independent UK

Hafta letters: What South Korea does for students, questions for Anand, visa monopoly

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The Guardian - AU

How a Starbucks marketing stunt spiralled into mass boycotts in South Korea

A botched tumbler promotion on the anniversary of a pro-democracy massacre unleashed a boycott, police investigation and political firestorm

AAP

World shares mostly decline, with South Korea's Kospi down more than 5%

World shares are mostly lower and South Korea's benchmark dropped more than 5% after sharp declines for some big artificial intelligence-related stocks in the U.S. U.S. futures were also trading mixed, while oil prices slipped

Euronews

European markets open mixed as AI stocks sell-off hits Asia, South Korea drops 5%

European stock markets had a mixed opening, as shares fell in Asia, with South Korea's benchmark dropping more than 5%. This comes as US markets saw sharp declines in several major artificial intelligence-related stocks on Thursday.

The Independent UK

Asian shares drop, with South Korea's Kospi down more than 5%

Shares have fallen in Asia, with South Korea's benchmark dropping more than 5%, after sharp declines for some big artificial intelligence-related stocks in the U.S. U.S. futures also retreated, while oil prices were little changed

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The Economic Times

Nvidia CEO Jensen Huang says robotics is South Korea's next big sector, points to 'some suprises'

He was talking to reporters after arriving at Gimpo airport in ⁠South Korea ‌on a flight from ⁠Taiwan.He was talking to reporters after arriving at Gimpo airport in ⁠South Korea ‌on a flight from ⁠Taiwan.

The Economic Times

South Korea labour minister calls on tech firms to share excess AI profits with suppliers, staff

In an interview, Kim Young-hoon told Reuters that companies like Samsung Electronics that outperform profit targets should consider sharing excess gains with suppliers, subcontractors and their workers, after deducting taxes, given their contributions to corporate growth.

The Economic Times

Global Market Today: Asian stocks slip as AI rally stalls, oil steadies

Asian stocks declined as AI shares pulled back and Middle East tensions weighed on investor sentiment. South Korean shares saw a significant drop, impacting the broader MSCI Asia Pacific Index. Meanwhile, oil prices steadied, and gold held its gains as traders awaited key US jobs data.

AAP

Tishman Speyer Secures $300 Million First Close for Korea Living Venture with APG and Bouwinvest

NEW YORK, June 4, 2026 /PRNewswire/ -- Tishman Speyer today announced the first closing of its Korea Living Venture (KLV), securing $300 million in third-party equity commitments from two blue chip European pension funds for a new fund dedicated to acquiring, repositioning, and developing multifamily and accommodation properties throughout Seoul.…

The Economic Times

'People only see K-dramas': Indian woman reveals reality of working in South Korea, says 'don't come'

An Indian woman working in South Korea shares her challenging workplace experience. She advises prospective Indian job seekers to reconsider moving to South Korea. Intense competition and fewer job opportunities make it difficult for foreigners. Many leave after one-year contracts due to a lack of job satisfaction. Long working hours…

The Economic Times

South Korea expands talent visa to scientists, professors

South Korea is rolling out a revamped Top-Tier Visa, now welcoming professors and researchers in science and technology. This move aims to draw top global talent, bolstering the nation's research prowess. Universities and institutes can sponsor eligible academics, who must demonstrate significant professional achievements. The government targets attracting 2,000 experts…

The Economic Times

Nvidia CEO mounts charm push in South Korea with TV talk show, baseball appearances

While a celebrity in his own right, the charm push by the Taiwan-born 63-year-old highlights South Korea's critical position in the AI landscape. Samsung Electronics and SK Hynix between them make about 70% of the memory needed for AI chips like Nvidia's.

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