Offshore NDF trading behind a third of won's March decline: BOK SEOUL, August 04 (AJP) - Offshore non-deliverable forward trading accounted for an estimated one-third of the won’s depreciation in March, highlighting the influence overseas positions over Korea’s domestic FX market. The impact was about four times greater overnight than during Seoul trading hours, when deeper liquidity and a broader range of transactions diluted the effect of NDF flows. The Bank of Korea on Tuesday released estimates of the impact of NDF trading on the dollar-won August 4, 2026

Korean issues in short-term debt hit record high H1 SEOUL, August 04 (AJP) —South Korean companies increasingly turned to short-term borrowing in the first half as higher funding costs and a sluggish capital market outside the semiconductor sector pushed issuers away from longer-term financing. According to the Financial Supervisory Service (FSS) on Tuesday, companies raised a record 1,272.8 trillion won ($917 billion) through commercial paper (CP) and short-term notes during the January-June period, up 68 percent from a year earlier, whil August 4, 2026

Samsung's Galaxy Z8 shatters 7-year pre-order record SEOUL, August 04 (AJP) - South Koreans are snapping up Samsung Electronics’ latest foldable phones at a blistering pace of 140 units per minute, shattering a seven-year pre-order record and proving that the foldable form factor has officially shed its novelty status to become a mainstream must-have. Over a seven-day pre-order window that wrapped up on Monday, the tech giant racked up a staggering 1.44 million domestic sales for its Galaxy Z8 series, comprising the Z Fold8, Z Fold8 Ultra, August 4, 2026

KOSPI slips as chipmakers fall; KOSDAQ surges 5% SEOUL, August 04 (AJP) - Korean shares diverged sharply Tuesday morning, with the benchmark KOSPI slipping as heavyweight semiconductor and automobile stocks declined, while the tech-heavy KOSDAQ surged 5 percent on institutional buying and gains in biotechnology and optical communications shares. As of 10:30 a.m., the KOSPI stood at 6,217.20, down 0.6 percent from the previous session. The index moved between an intraday high of 6,389.40 and a low of 6,080.30. Retail investors bought 426 bill August 4, 2026

TSMC's Kumamoto chip hub returns to full speed after quake SEOUL, August 04 (AJP) - Taiwan Semiconductor Manufacturing Co. (TSMC) has restored normal operations at its first semiconductor plant in Japan's Kumamoto Prefecture after a powerful earthquake temporarily halted production last week, easing concerns over potential supply disruptions in one of Japan's key chipmaking hubs. TSMC said its Kumamoto Fab 1 resumed full production on Sunday after suspending manufacturing on July 28 to inspect and recalibrate equipment following a magnitude-7. August 4, 2026

KOSPI slides after historic rally as chip stocks plunge SEOUL, August 3 (AJP) - South Korea's stock market tumbled on Monday, with Samsung Electronics and SK hynix both sinking more than 8 percent, sending the country's benchmark KOSPI back below 6,300 points. The decline erased much of Friday's historic rebound, which proved short-lived. The index closed 5.12 percent lower at 6,257.45 as foreign and institutional investors extended heavy selling despite aggressive buying by retail investors. Individuals snapped up a net 4.65 trillion wo August 3, 2026

Won pares early losses after U.S. yen buying; Korean bond yields little changed SEOUL, August 03 (AJP) - The South Korean won recovered most of its early losses on Monday as the impact of U.S. yen buying carried into Asian currency markets, while Korean government bond yields were little changed ahead of inflation data. The won stood at 1,431.1 per dollar at 3:30 p.m., remaining 7.1 won weaker than Friday’s corresponding level. The exchange rate climbed into the 1,440 range after trading resumed on Monday morning as weekend developments and renewed weakness in Korea August 3, 2026

Samsung's latest foldables head into final hours of preorders SEOUL, August 03 (AJP) - Samsung Electronics' latest foldable smartphones entered the final day of preorders on Monday, with promotional offers set to expire as the company looks to build on expectations that its newest lineup could surpass the previous generation's record launch. Samsung said customers visiting Samsung Stores and other retail outlets on the final day of preorders showed strong interest in the new devices' design and features, while many inquired about purchase ben August 3, 2026

Seoul weighs flexible leverage ratios as ETF turmoil prompts broader reforms SEOUL, August 03 (AJP) — South Korea is preparing legislation that would give regulators the authority to lower leverage ratios on single-stock leveraged exchange-traded funds (ETFs) during market turmoil. According to financial authorities on Sunday, the Financial Services Commission (FSC) is drafting amendments to the Financial Investment Services and Capital Markets Act, the country's primary law governing capital markets and investment products, to establish a legal basis for swif August 3, 2026

Hyundai Steel's Q2 profit slides 43% on year despite quarterly rebound SEOUL, August 03 (AJP) - Hyundai Steel, South Korea's second-largest steelmaker, revealed that its second-quarter operating profit tumbled about 43 percent from a year earlier. According to regulatory filings released Monday, the steelmaker posted an operating profit of 57.7 billion won ($40.3 million) for the three months ended June, down 43.3 percent from a year earlier. Net profit came in at 12.1 billion won, while revenue edged up 2.7 percent on year to 6.11 trillion won. The picture August 3, 2026