뉴스

The first full album from BoyNextDoor sold close to 600,000 copies on the day of release, said agency KOZ Entertainment Tuesday, citing a local chart. The first-day sales results have raised expectations that the new album, “Home,” could become the group’s fourth consecutive million-selling set. Main track “Viral” claimed No. 5 spot on Melon’s Top 100 and all B-side tracks from the new album made the chart. The single topped the iTunes Top Songs chart in four regions, while the LP topped the iTu

The Korea Herald

중도 성향

산업/기업

긍정적

Korean brokerages brace for SpaceX IPO demand surge

South Korean brokerages are ramping up preparations ahead of SpaceX's blockbuster initial public offering on Friday, as soaring investor interest fuels expectations of one of the biggest overseas stock trading events in recent years. According to industry sources on Monday, securities firms are enhancing customer services, including round-the-clock foreign exchange services and extended overseas stock trading hours, as they prepare for a surge in demand for SpaceX shares. Major brokerages have b

The Korea Herald

중도 성향

산업/기업

Korean funds race for SpaceX IPO shares

Korea's investment industry is scrambling for a piece of SpaceX's blockbuster IPO, with asset managers awaiting final allocations ahead of Friday's listing while weighing whether the stock can live up to expectations. According to industry sources on Sunday, several Korean asset managers, including Korea Investment Management, participated in the institutional book-building process and are awaiting pricing night, when underwriters finalize the offering price and allocate shares. "We have to stay

Foreign selling drags Kospi down 5%, sends won to 17-year low

Heavy foreign selling rattled South Korean markets on Friday, dragging the benchmark Kospi down more than 5 percent and driving the won to a 17-year low against the greenback. The Kospi closed down 5.54 percent at 8,160.59 on the day. The benchmark index opened sharply lower, tracking an overnight decline in US semiconductor stocks after Broadcom projected third-quarter AI-related revenue of $16 billion, falling short of market expectations. It fell as much as 6 percent in early trading to 8,038

The Korea Herald

중도 성향

산업/기업

Nvidia CEO touches down in Seoul with 'surprises' for Korea

Nvidia CEO Jensen Huang said Friday he brought "a lot of business (opportunities)" and "surprises" for Korea, raising expectations for deeper cooperation with Korean companies. Speaking to reporters shortly after arriving in Seoul, Huang said he would be meeting with major tech conglomerates here — including Samsung Electronics, SK Group, Hyundai Motor Group, LG Group and Naver — as Nvidia works to align with partners ahead of what he saw as big years for AI infrastructure. "The second half (of

[Contribution] Why next phase of equity rally matters

By Sundeep Gantori Global equity markets have delivered a dramatic start to 2026. A sharp correction in the first quarter was swiftly followed by a V-shaped recovery, underscoring both the fragility and resilience of investor sentiment. Yet, beneath the volatility lies a more constructive story of robust corporate fundamentals. According to LSEG I/B/E/S, 83 percent of S&P500 companies beat earnings expectations in the first quarter of 2026 as of 1 May — a striking testament to underlying earning

Samsung, SK hynix invest in Anthropic as AI chip demand surges

Samsung Electronics and SK hynix have taken strategic stakes in Anthropic, the developer of the Claude artificial intelligence models, joining a funding round that valued the US startup at $965 billion, making it the world's most valuable AI company ahead of OpenAI. The deal is also fueling expectations that Samsung could win future AI chip manufacturing orders from Anthropic, boosting its foundry business. The two Korean chipmakers signed on as strategic infrastructure partners alongside US mem

Race tightens in key battlegrounds as blackout period begins Thursday

South Korea's June 3 election race is heating up, with opinion polls hinting at closer-than-expected races in many key battlegrounds eyed by the ruling Democratic Party of Korea and the main opposition People Power Party. The latest polls indicate that about half of the races for 16 major mayoral and gubernatorial posts are tightening, contrasting the Democratic Party's earlier expectations of a landslide victory. Opinion polls suggested that many ruling party candidates' leads have narrowed or

Samsung bonuses, cheap loans stoke chip-belt housing boom

Samsung Electronics’ new compensation package for chip employees is raising expectations that fresh liquidity could further boost apartment prices across South Korea’s semiconductor corridor. The company and its labor union agreed on May 20 to introduce a low-interest housing loan program for employees, alongside a revamped performance bonus scheme tied to semiconductor profits. Under the housing program, employees without homes will be able to borrow up to 500 million won ($370,000) for home pu

Kospi roars past 8,100 on Iran ceasefire hopes

The South Korean benchmark Kospi soared above 8,100 points for the first time during intraday trading Tuesday on expectations of an end to the war in Iran as Washington and Tehran inch closer to a deal. The index opened at 8,070.91, up 2.84 percent from Friday’s close, as markets were closed Monday for a public holiday. It extended gains to hit as high as 8,131.15, shattering its previous intraday record of 8,046.78 set on May 15. As of 1 p.m., the index stood at 8,104.01, up 3.27 percent for th

Kosdaq soars 5% on public investment fund hopes

South Korea's secondary bourse Kosdaq surged nearly 5 percent on Friday, backed by growing expectations over a public investment fund aimed at fostering strategic industries. The junior bourse closed at 1,161.13, advancing 4.99 percent from the previous session. Foreign investors lifted the index, net buying 702.8 billion won ($468.5 million), while institutional investors added 288.1 billion won to the rally. Retail investors were the sole net sellers, offloading a net 969.2 billion won. A buy-

Korea's SpaceX-linked shares surge ahead of blockbuster IPO

With Elon Musk’s rocket company SpaceX set to make its record-breaking stock market debut next month, South Korean stocks tied to the firm have rallied sharply on expectations surrounding what could become the world's largest initial public offering. SpaceX on Wednesday disclosed its filing for an IPO with the US Securities and Exchange Commission. Under the schedule, the listing could come as early as June 12. The clearer timeline for the IPO has sent Korean stocks linked to the rocket company

1 / 1 (총 12건)