Nvidia puts $1 billion into Naver, expands Korea AI buildout
What's new: Nvidia also widened its SK Group tie-up to more than 2 gigawatts of AI data centers and a projected $500 billion in business.
Subject
#South Korea
SK chairman’s divorce bill cut to $644 million by South Korean court
What’s next: Either side can still send the case back to the Supreme Court after the payout was reduced from 1.38 trillion won.
Bloomberg, BBC News (World)
Indonesian tourist vanishes in South Korea, agency fined Rp125 juta
KBRI Seoul has traced the missing Indonesian, while authorities suspect overstay after he used the 15-day group visa waiver.
Antara News, Republika +1
South Korea freezes new single-stock leveraged ETF listings
What's new: Regulators also lifted the minimum deposit for leveraged ETFs to 30 million won from 10 million won, effective Aug. 5.
Travel demands Rp125 million after Madiun tour participant vanishes in South Korea
The travel agency said the penalty went to a visa operator, while Kemlu warned the case could erode trust in WNI mobility.
South Korea opens won trading to foreigners in 2027 FX overhaul
Why it matters: The move could help South Korea win a developed-market upgrade and attract more global investors to won assets.
South Korea’s Kospi swings now steer global AI chip stocks
Why it matters: The Kospi’s 60-day correlation with the Nasdaq 100 has climbed to 0.46, near a two-year high and almost triple its five-year average.
China Investor Launches Rp1.25 Trillion Project in IKN, Korea Follows
The IKN Authority also said a South Korean investor is preparing a property project worth about Rp1.2 trillion in the same area.
Antara News, Tribunnews +1
China June exports jump 27%, imports surge 36% on AI demand
Why it matters: Strong chip and data-center demand is cushioning China’s weak consumer economy ahead of new US tariff risks.
Bloomberg, CNBC
SK Hynix drops 15% in Seoul after $26.5 billion Nasdaq debut
Why it matters: The sell-off helped drive the Kospi down 9% and triggered a 20-minute trading halt in South Korea.
SK Hynix sinks 15% in Seoul as post-Nasdaq rally reverses
What's new: The sell-off helped drive the Kospi down 9% and triggered a 20-minute trading halt in South Korea.
Bloomberg, MarketWatch
SK Hynix jumps 13% in Nasdaq debut after US$26.5 billion ADR sale
What's new: The chipmaker priced its ADRs at US$149 and plans to use the proceeds for new factories and equipment to meet AI-memory demand.
Earlier: SK Hynix jumps 13% in Nasdaq debut after $26.5 billion ADR saleSeries: Sk Hynix · Nasdaq Adr Debut · 3 chapters since Jul 10SK Hynix drops 15.4% in Seoul after 13% Nasdaq debut jump
What's new: The slide was the stock's biggest on record as investors took profits and reassessed AI-memory demand and valuation gaps.
SK Hynix drops 15% in Seoul after $26.5 billion Nasdaq debut
What's new: The selloff helped drive the KOSPI down 9% and triggered a 20-minute trading halt in South Korea.
South Korea issues first emergency heat alert as temperatures hit 39C
The new top-tier alert covers Gyeongsan and Pohang, with authorities urging residents to stop outdoor activity.
SK Hynix raises $26.5 billion in U.S. ADR sale tied to AI boom
What's new: The Nasdaq offering was more than seven times oversubscribed and will help fund new factories and chip equipment.
Kospi hits record highs even as valuation falls below 2008 crisis
Why it matters: The benchmark trades at just 6.4 times forward earnings after an 80% rally, leaving investors split on how long the AI memory boom can last.
North Korea boosts nuclear arsenal and expands military intel
Pyongyang also widened the role of its military intelligence agency for operations and information gathering tied to South Korea.
SK Hynix jumps 13% in Nasdaq debut after $26.5 billion ADR sale
Why it matters: The AI-memory leader opened a major new path for US investors to buy into South Korea's chip boom.
SK hynix jumps on Wall Street after record $26.5 billion US listing
What's new: The South Korean chipmaker topped Alibaba's foreign IPO record as investors piled into an AI-linked semiconductor play.
SK Hynix raises $26.5 billion in biggest US foreign listing
What's next: The Nasdaq debut gives the AI memory-chip supplier fresh capital for factories and equipment as data-center demand surges.
SK Hynix raises $26.5 billion in biggest US foreign listing
What's next: The chipmaker plans to use the money for new factories and equipment as AI memory demand keeps climbing.
SK Hynix’s planned US listing drew demand more than 7 times supply
What’s next: The chipmaker is set to price the deal Thursday, in a sale that could raise about $24.5 billion to $28 billion.
Bloomberg, BBC News (World) +2
South Korea upholds 7-year prison term for Yoon Suk Yeol
The ruling is the first final decision in one of Yoon's eight cases, while appeals over a life sentence are still pending.
Channel News Asia, Antara News +1
SK Hynix US share sale draws 7 times demand ahead of pricing
What's next: The chipmaker aims to raise about $28 billion, with Nasdaq trading set to start Friday before regular trading on July 13.
Samsung shares sink 7% despite 1,800% profit jump in Q2
What's new: Investors focused on AI-spending worries, rising bonus costs and new chip-plant spending rather than Samsung's record earnings.
Bloomberg, CNBC +1
Samsung Q2 operating profit jumps 19-fold to 89.4 trillion won
What's new: The preliminary result beat analyst forecasts as AI-driven shortages lifted DRAM and NAND prices sharply.
Bloomberg, The Business Times (Singapore) +1
South Korea's 24-hour won trading opens with volume 6% below average
Why it matters: Seoul is widening FX access to support its push for MSCI developed-market status despite thin overnight liquidity.
Bloomberg, The Business Times (Singapore)
Samsung, SK Hynix sink 8.3% as Asian tech sell-off hits Kospi
Why it matters: The Kospi dropped 6.7% as investors rotated out of chip stocks despite Samsung’s profit surge.
2 Indonesian crew missing after fishing boat capsizes in Busan
The 79-ton vessel collided with a 992-ton LPG carrier; six crew members survived and one is in critical condition.
South Africa beat Korea Selatan 1-0 to reach round of 32
South Africa finished second in Group A with 4 points and will face Canada on June 28 in Los Angeles.
Channel News Asia, Republika +1
SK Hynix targets $29.4 billion US listing to expand AI chip output
What's next: Trading is expected to begin July 10, in a deal that would rank among the five biggest share sales ever.
Bloomberg, The Business Times (Singapore) +2
Asian stocks jump as Micron outlook lifts chip shares
What's new: South Korea's Kospi surged nearly 6%, while Nasdaq 100 futures climbed about 2% after Micron projected another record quarter.
South Africa reach World Cup knockouts as Scotland face anxious wait
What's new: South Africa advanced after beating South Korea in Monterrey, while Scotland sat on three points and a minus-3 goal difference.
Plastics shortage from Hormuz disruption lifts food costs across Asia
Why it matters: Packaging prices have jumped 20% to 50%, pushing dairy, seafood, egg carton and rice suppliers toward higher consumer prices.
Bloomberg, The Business Times (Singapore)
Pew survey: Global trust in Trump falls as U.S. image turns negative
Only 23 percent in 36 countries trust Trump on world affairs, and Indonesia is among nations with sharp drops in opinion.
Antara News, Republika
South Korea's KOSPI jumps 4.1% after nearly 10% sell-off
What's new: Samsung Electronics rose more than 9% and SK Hynix gained 5%, while foreigners sold 626.3 billion won in shares.
Bloomberg, Channel News Asia
MSCI keeps South Korea emerging, extends Indonesia review to November
What's new: MSCI warned Indonesia could face a frontier-market downgrade if reforms do not fix investability concerns.
Asian stocks tumble as tech sell-off knocks Kospi down more than 6%
What's next: Micron results on Wednesday will test whether AI spending can keep driving the chip rally across Asia.
Indonesia edges Thailand 3-2 to keep AVC Cup semifinal hopes alive
Indonesia’s final Group B match against Oman on June 26 will decide whether it can reach the semifinals.
Antara News, Tribunnews
South Korea's KOSPI plunges 10% as chip stocks trigger trading halt
Why it matters: Samsung and SK Hynix now make up more than half the index, magnifying losses as AI-driven bets unwind.
Kim Jong Un accelerates arms buildup, warns of nuclear war
The remarks came at a three-day Workers' Party meeting amid U.S.-South Korea military modernization and debate over nuclear submarines.
Bloomberg, Antara News
Indonesia falls 0-3 to Korea Selatan in AVC Men's Cup 2026
The loss tightens Indonesia's path in Group B, with matches against Qatar, Thailand and Oman now pivotal.
Antara News, Tribunnews
Indonesia, South Korea to build smart city hub in IKN for Rp115.9 billion
The two-story building is slated for completion by late 2027 and will include an AI & Robotics Lab and urban farming.
Mexico first team to clinch 2026 World Cup round of 32
The win gives El Tri six points from two matches and secures advancement after Luis Romo’s 1-0 goal over Korea Selatan.
Antara News, Republika +1
Mexico beats South Korea 1-0, becomes first team into round of 32
What's next: Mexico has six points and already won Group A, while South Korea stays on three before its final match with South Africa.
NPR, The Guardian (Football) +1
South Korea forms body to manage US$350 billion US investment pledge
The package includes US$200 billion for advanced industries and US$150 billion for shipping, but projects are not yet set.
Czech Republic held 1-1 by South Africa in Group A
The result leaves qualification from Group A to the final round, with Czech Republic facing Mexico and South Africa taking on South Korea.
Republika, Tribunnews
South Africa salvage 1-1 World Cup draw with Czechia on late penalty
What's next: South Africa stayed alive in Group A and now need a result against South Korea after opening with a loss to Mexico.
Mexico military downs drone near South Korea World Cup base
What's new: The aircraft was detected over the team's Guadalajara camp before tactics work ahead of the Group A match with Mexico.
BBC Sport, The Guardian (Football) +2
Mexico vs South Korea, winner secures round of 36 berth
Update: both teams have three points, and the winner in Guadalajara is assured an early advance.
Antara News, Republika +1
Lee lines up golf round with Trump after G7 talks in France
What's new: Lee said the two also discussed peace on the Korean Peninsula and US-South Korea relations over dinner.
Mexico, Korea Selatan vie for Round of 32 berth in Guadalajara
The Group A winner could clinch an earlier knockout spot if República Checa and South Africa draw.
South Korean investors bought $796 million of SpaceX on debut
What's new: The buying spree made SpaceX the top US stock among Korean retail investors and drew scrutiny of Mirae Asset's failed IPO allocation.
Starbucks Korea to close 2,000 stores for history training
What's new: The operator also plans stricter marketing reviews after a May 18 "Tank Day" promotion triggered protests and a sharp sales drop.
Bloomberg, BBC News (World) +1
South Korea’s Kospi jumps 90% as MSCI review nears on June 23
What’s next: Investors expect MSCI to keep South Korea in emerging markets for now as it tests market-access reforms.
Ex-South Korea president Yoon Suk Yeol gets 30 years in drone case
The new ruling adds to Yoon's legal troubles, following a life sentence he has already appealed in the martial law case.
Antara News, Tribunnews +1
South Korea court gives Yoon 30 years over 2024 drone flights
What's new: Judges found the flights were meant to provoke Pyongyang and help justify Yoon's martial law move.
NPR, Fox News
Ballot shortage scandal cuts Lee Jae-myung approval to 57%
New polling shows the ruling party fell to 41%, while the main opposition rose to 25% after the June 3 local vote.
Bloomberg, Antara News
Trafigura, Vitol steer more Venezuelan crude to Asia buyers
What's new: cargoes reached South Korea and Malaysia, while traders pitched India at about $6 below Dated Brent.
South Korean students protest after 7,000 ballots ran short
What's next: A Seoul court ordered ballot boxes and CCTV preserved as prosecutors and police prepare a joint probe.
Bloomberg, Channel News Asia
Kospi sinks 8.3% as AI-driven tech sell-off hits Asian markets
What's new: Trading in Seoul briefly halted after the index slid as much as 8.8%, while Samsung fell 10.2% and SK Hynix lost 7.7%.
Bloomberg, The Business Times (Singapore)
Prabowo apologizes after 17 foreign envoys await credentials
The palace began receiving credentials on June 8 after waits of up to eight months, a delay criticized by a senior diplomat.
Tempo, CNN Indonesia
Nvidia, SK Hynix strike AI chip deal as tech stocks slide
What's new: Jensen Huang framed the sell-off as a discount buy, while South Korea's Kospi fell on retreating AI bets.
Lee Jae Myung nominates Han Seong-sook as new PM
If confirmed by parliament, Han would become South Korea's second female prime minister in history.
Bloomberg, Antara News
South Korea tightens FX oversight after won hits 17-year low
What's new: Seoul ordered probes into offshore derivatives and suspected illegal FX trades after the won sank 2% Friday.
Bloomberg, The Business Times (Singapore)
Kim pushes North Korean nuclear production, new underwater weapons
Kim wants the navy folded into nuclear deterrence, with Kang Kon and Choe Hyon moved into service faster.
Antara News, CNN Indonesia
Asian authorities move to defend currencies as dollar pressure mounts
Why it matters: The won and rupiah led regional losses as officials in South Korea, Indonesia, Japan, India and the Philippines stepped up defenses.
Kospi drops as much as 6.4% as Samsung, SK Hynix tumble
Why it matters: Two AI-linked chip stocks drove nearly three-quarters of the index’s 2026 gains, leaving the rally exposed to a sharp reversal.
Police arrest 2 suspects in South Korean man’s Bekasi killing
Police say the victim’s ex-wife allegedly hired the attacker for Rp139 million; the victim suffered 23 stab wounds.
Antara News, Republika +1