Business
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Samsung Posts Record Quarterly Profit, Then Watches Its Share Price Fall
South Korea's tech giant beat every forecast with 89.4 trillion won in Q2 operating profit, yet its stock dropped sharply on the news.
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South Korea picks Gwangju air base for Honam semiconductor hub, promising speed above all
President Lee Jae-myung's government chose a former military airfield in Gwangju as the site for a massive chip industrial park, just one week after announcing a 896-trillion-won investment plan.
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Lee Jae-myung Unveils 312 Trillion Won Tech Push for Korea's Southeast
President Lee pledged full state backing as Samsung, SK Telecom, Hyundai, and Hanwha committed hundreds of trillions of won to transform the Yeongnam region.
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Trump Traded Coupang Stock 18 Times While White House Pressed Seoul Over the Company
Disclosure filings show Trump held up to $130,000 in the Korean e-commerce giant as his administration publicly backed Coupang against alleged targeting by Seoul.
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Korea's Inflation Hits 30-Month High as Middle East War Drives Fuel Costs Sharply Higher
Consumer prices rose 3.2% in June, the steepest climb since late 2023, with petroleum products surging nearly 25% on Middle East conflict spillover.
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Lee Jae-myung Defends 896-Trillion-Won Honam Semiconductor Push as Economics, Not Regional Favouritism
South Korea's president visited Gwangju to defend a massive chip-cluster investment, calling the southwest the only region that can meet the industry's infrastructure needs.
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Korean Stocks Surge, Triggering Trading Halt on Micron's 'Surprise' Earnings
South Korea's KOSPI index soared over 5% and triggered a trading halt after Micron Technology reported unexpectedly strong earnings, boosting semiconductor stocks.