Korea Launches First Joint FX-Bank Probe in 14 Years as Won Slides to 17-Year Low
Korea's BOK and FSS launched their first joint examination of FX banks since 2012, as the won slid to KRW 1,555.2 — a 17-year low — prompting warnings of imminent rate hikes to defend the currency.
Samsung Foundry in Talks to Build Google's Icefish TPU I/O Die as TSMC Runs Full
Samsung Electronics' contract chipmaking unit is in talks to produce the memory I/O die for Google's 10th-generation AI chip 'Icefish' using its 2-nanometer process, with mass production targeted as early as 2028.
Korean Brokerages Earn ₩4.33 Trillion in One Quarter — Nearly Half of 2025's Record Year
South Korea's 61 securities firms earned ₩4.33 trillion ($2.63 billion) in Q1 2026 — 44.9% of the industry's full-year 2025 record — driven by a 333% surge in KOSPI trading volume. Mirae Asset became the first Korean brokerage to top ₩1 trillion in a single quarter.
Korea-Italy Roundtable Yields Aerospace, Grid, Pharma Deals
Korean and Italian business leaders turned a state-visit photo opportunity into signed commercial deals on Friday, including aerospace, grid and pharma agreements. Samsung’s Lee Jae-yong attended.
Korea's Record KRW 624.7B Fine Hits Coupang Over 37.5M-User Data Breach; Stock Surges 14%
Korea's PIPC imposed a record KRW 624.7 billion privacy fine on Coupang — nearly equal to its full-year 2025 operating profit — over a data breach affecting 37.5 million users. The stock closed up 14.25% on the day, suggesting markets viewed the ruling as the worst-case scenario now quantified.
SpaceX Record IPO Revives Tesla Merger Talk, Korea Exposed
SpaceX's record USD 75B IPO debuted up 11%, reigniting Tesla merger speculation. Korean retail investors hold USD 24.74B in Tesla as LG Energy Solution and Samsung SDI supply Tesla's battery chain.
SK Hynix HBM Fab M15X Catches Fire Again — Second Cheongju Blaze in 11 Days, No Output Hit
SK Hynix reported a second fire in 11 days at its Cheongju M15X fab — the HBM4 plant anchoring Nvidia supply. Six workers hospitalized; the company says no production was interrupted.
Nomura Calls Korea’s Chip Supercycle “Just Beginning,” Lifts KOSPI Target to 11,000 as Foreigners Snap 24-Day Sell-Off
Nomura Securities declared at a Seoul briefing on June 12 that South Korea's semiconductor supercycle has “only just begun” — even as the KOSPI was still digest
Celltrion Touts HER2 Bispecific Cancer Data, Eyes FDA Fast-Track in 2026
Celltrion (068270.KS), one of South Korea's two largest biopharmaceutical companies by revenue alongside Samsung Biologics and best known for biosimil
Dongtan Home Prices Jump 7%, Korea Eyes Curbs Near Samsung
Home prices in Dongtan, a planned new town in Hwaseong, Gyeonggi Province that serves as a key dormitory district for Samsung and SK hynix chip worker
London Lists 3x Samsung, SK Hynix ETPs After Korea 2x Slump
Leverage Shares, a global issuer of leveraged exchange-traded products (ETPs), began trading two triple-leveraged single-stock products on the London Stock Exch
Samsung Pushes Foundry Breakeven to 2028 as TSMC Gap Widens to 11x
Samsung Electronics (005930.