South Korea
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financeSK Hynix Soars on NASDAQ Debut, Raises $26.5 Billion in Landmark IPO
South Korean chip giant SK Hynix surged 13% on its first day of trading on NASDAQ, raising $26.5 billion in one of the largest stock sales ever.
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techSK Hynix Hits $1 Trillion Valuation on AI Chip Demand
SK Hynix's market capitalization surged past $1 trillion, driven by demand for its advanced memory chips essential to NVIDIA's AI accelerators.
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techUpbit and Samsung Deny Active Roles in Open USD Stablecoin Project
South Korean firms named in the Open USD initiative, including Upbit and Samsung, are clarifying they only expressed preliminary interest, not formal participation.
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worldSouth Korea Coach Faces Death Threats After World Cup Exit
South Korea's coach resigned after a group-stage exit, facing death threats, presidential condemnation, and public fury over alleged favoritism.
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financeKKR and SK Launch $1.3 Billion South Korean Renewable Energy Platform
KKR and SK Inc are forming South Korea's largest renewable energy venture, valued at $1.3 billion, to supply clean power for AI data centers and chip plants.
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financeUpbit to List Gensyn AI Token with KRW, BTC, and USDT Pairs
South Korea's largest exchange, Upbit, will launch Gensyn trading on June 30, opening its decentralized AI computing network to Asian institutional and retail capital.
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worldKOSPI Posts Strongest Quarter Since 1998 on AI Chip Boom
South Korea's benchmark stock index surged 68% in Q2 2026, driven by massive profit growth from Samsung and SK Hynix, though extreme volatility and foreign selling persist.
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worldSouth Korea Extracts 24 Vessels from the Strait of Hormuz Crisis
President Lee Jae-myung confirmed the exit of 24 Korean-operated ships from the Strait of Hormuz, securing the nation's critical energy supply chain following a geopolitical standoff.