TokenPost topic
South Korea
446 TokenPost stories are tagged South Korea. The newest appear first.
Latest South Korea stories
- Tesla and Nvidia Plan $2.8 Billion Investment in Samsung Electro-Mechanics Factory
The proposed investment would expand South Korea’s AI and automotive component supply chain.
· Business
- South Korea Holds Emergency Cybersecurity Meeting on PHP Flaw
The National Security Office focused its emergency session on a PHP vulnerability with broader implications for organizations running widely used web infrastructure.
· Technology
- LG Display Returns to Operating Profit With 250.6 Billion Won in Q3
Revenue rose 12% from Q2 but fell 10% year over year; net profit reached 755.6 billion won.
· Business
- South Korea Raises Cybersecurity Alert Over a PHP Vulnerability
The alert concerns a vulnerability in PHP.
· Technology
- South Korea’s KOSPI Falls 4% Intraday to 5,503.73
The decline puts a sharp Korean equity move on crypto traders’ risk-sentiment radar.
· Investing
- South Korean IT and Cybersecurity Sectors Respond to Severe PHP Flaw
About 110,000 internet assets may run affected PHP versions, placing South Korea sixth worldwide for potential exposure. No reported intrusions or suspected victim cases had been identified.
· Technology
- South Korea to Decide How to Handle Crypto Tax After Gathering Views
The tax is scheduled for 2027 after three delays. The government met with leaders of five major exchanges on Oct. 20 to hear views on another postponement.
· Regulation
- South Korea’s Digital Asset Legislation Enters Final Consultation Stage
The government is continuing administrative steps for a January 2027 virtual asset tax, while opinions on taxation are still being collected.
· Regulation
- South Korea’s KOSPI Records a 2% Intraday Loss on Oct. 22.
The intraday decline reached 2.00%.
· Investing
- Bank of Korea says data will guide further rate hikes as it assesses two earlier increases
The Bank of Korea held its benchmark rate at 3%, saying incoming data will guide further hikes as it assesses two earlier increases and rising growth and inflation risks.
· Investing
- Bank of Korea holds rate at 3.00%, weighs timing and pace of further increases
The Bank of Korea held its benchmark rate at 3.00% unanimously, citing heightened uncertainty while signaling that further increases would depend on inflation, growth and financial stability.
· Investing
- Meritz Securities Signs MOU With Optimism on Tokenized Assets
The study covers issuance, settlement and distribution across OP Mainnet and other OP Stack networks. Meritz will separately assess products backed by South Korean assets.
· Business
- Amkor Shares Rise 4.8% After $1.3 Billion Nvidia Packaging Deal
The stock was nearly 6% higher just before Wednesday’s open. The companies plan to expand interposer-wafer capacity in South Korea by the end of 2028.
· Investing
- South Korea's Ruling Party Leader Seeks Views on 2027 Crypto Tax
The levy has been postponed three times. Its 22% combined rate would apply to taxable income after an annual deduction.
· Regulation
- NVIDIA and Amkor Plan Over 300% Rise in South Korean Interposer Capacity
A new $1.3 billion agreement supports the South Korean expansion. An earlier $1.5 billion deal covers packaging work and capacity in Arizona.
· Technology
- SK hynix Completes 40 Trillion Won Share Buyback Ahead of Schedule
The South Korean chipmaker finished nearly a month before its Nov. 19 deadline. It plans to cancel the repurchased shares.
· Business
- AI Agents Assigned 1,100-Plus Website Attack Projects, Including Commerce Sites
The project count does not represent confirmed breaches. One completed project contained a web shell, while another panel group was likely tied to credit-card and cryptocurrency tasks.
· Technology
- South Korea's Tokenized Assets, Stablecoins Could Reach $253 Billion by 2030
The conditional estimate includes $221.5 billion in tokenized assets and $31.6 billion in stablecoins. It assumes South Korea captures a share of global markets in line with its share of world GDP.
· Investing
- South Korean Retail Investors Face $4.8 Billion in Leveraged ETP Losses
Investors in their 40s had the largest total loss. The tally includes completed trades and positions still held on Aug. 14.
· Investing
- Bank of Korea Expected to Hold Rate at 3% After Two Increases
All 24 economists in a premeeting poll expect an October pause. Separate surveys show broad support for another increase in November.
· Regulation
- South Korea’s KOSPI Crosses 5,800 During 4.7% Intraday Rise
The index closed 3.29% higher after giving back part of its intraday gain. Samsung Electronics and SK Hynix each rose more than 5%.
· Investing
- South Korea's KOSPI Tops 5,800 Intraday, Closes Up 3.29%
Samsung Electronics and SK hynix rose 7.4% and 8.2% during the session, then gave back part of those gains before the close.
· Investing
- Bithumb Plans to List PYBOBO on Its South Korean Trading Platform
The Oct. 21 announcement did not specify a trading pair or a start time.
· Business
- South Korea’s KOSPI Rises 3% to 5,721.34 as Two Stocks Advance
SK hynix gained 6%, while Samsung Electronics rose 4.6% in the same market update.
· Investing
- No Change Announced to South Korea’s 2027 Crypto Tax Timetable After Talks
Officials met with five exchange operators Oct. 20. The National Tax Service is preparing detailed rules for the scheduled January 2027 start.
· Regulation
- South Korea's KOSPI Opens 1.83% Higher as Chip Stocks Gain
The index opened at 5,654.61, up 101.87 points. Samsung Electronics and SK hynix each gained about 3%.
· Investing
- South Korean Lawmaker Criticizes Delays in KOK Trial Involving 570,000 People
The court has held about 24 hearings without a verdict. About one-third of roughly 60 witnesses have been questioned.
· Regulation
- Newcastle Coal Grade Reaches $111.75 Amid Indonesian Supply Uncertainty
Indonesian thermal coal exports are projected to fall in 2026, while high natural gas costs support coal use in parts of Asia.
· Investing
- South Korea's KOSPI Falls 3.73% After Brief Rebound From 7.57% Rout
The Oct. 20 close of 5,552.74 was 1.48 points below where the benchmark finished after its Oct. 15 plunge.
· Investing
- South Korea's KOSPI Falls 3.73% Amid AI Spending Concerns
AI cloud company Elice Group lost 32.04% in its first KOSDAQ session after raising about $150 million in its offering.
· Investing
- Upbit Adds Metaplex Won Pair as MPLX Trades Between 99.8 and 143 Won
MPLX stood at 102 won at about 10:39 a.m. ET (14:39 UTC).
· Business
- South Korean Stocks Close at Six-Month Low as AI Concerns Persist
The KOSPI fell 3.73% to 5,552.74, its lowest close since April 7, after two sessions of gains.
· Investing
- RLUSD overtakes XRP as WLD leads Korea crypto attention index with 10.54% share
WLD led Korea’s crypto attention index with 93.3 points and a 10.54% domestic trading share. RLUSD ranked third, ahead of XRP, as several assets showed sharply higher activity in Korea than overseas.
· Investing
- South Korea’s KOSPI Falls 3.73% as SK Hynix Shares Slide
The index closed at 5,553.08 after losing 214.93 points. Samsung Electronics fell 2.98%.
· Investing
- Foreign and Institutional Selling Pushes KOSPI Down as Much as 4.76%
South Korea’s benchmark briefly fell below 5,500 as pension funds joined institutional selling.
· Investing
- Foreign and Institutional Selling Pushes South Korea’s KOSPI Below 5,500
The index fell as much as 4.76% intraday after a two-session rebound, while individual investors bought shares on net.
· Investing
- Elice Shares Fall as Much as 32.6% in KOSDAQ Trading Debut
Retail demand exceeded the shares available to individual investors by about 408 times before the $151 million IPO.
· Investing
- Square Tech, GOAT Network Sign MOU on Stablecoin Payments in South Korea
The proposed service would combine mobile passport checks with U.S. dollar stablecoin payments at participating merchants.
· Business
- South Korea's KOSPI Falls 4% to 5,536.97 in Sharp Selloff
The index fell as much as 4.76% intraday. SK Hynix shares closed 4.22% lower.
· Investing
- South Korea’s KOSPI Closes Nearly 4% Lower as SK Hynix Falls 4.22%
The KOSPI was down 2% intraday, while SK Hynix fell 4%. Samsung Electronics was down nearly 2% in the intraday snapshot.
· Investing