Seoul rebound fragile on SK hynix lag SEOUL, August 07 (AJP) -The KOSPI struggled to claw back into positive territory Friday as heavyweight SK hynix remained under foreign attack, leaving the market's rebound on shaky footing. By 9:45 a.m. the KOSPI was 0.20 percent lower at 6,284.46 after opening higher. Samsung Electronics rose 2.82 percent to 237,000 won ($166), double the 1.40 percent gain that lifted SK hynix to 1,516,000 won ($1,064), even though SK hynix fell far harder on Thursday. Foreign investors turned buyers at t August 7, 2026

T'way Air begins new chapter as Trinity Airways SEOUL, August 06 (AJP) - T’way Air has rebranded as Trinity Airways, unveiling a new service model, brand identity and employee uniforms as it seeks to position itself as a global carrier. The airline presented the changes at a brand launch and uniform runway event in Seoul on Aug. 6, its first official event since changing its corporate name. Cabin crew, pilots and other employees modeled the new uniforms during the event. Trinity Airways introduced “Relaxed and Reliable” a August 6, 2026

SK hynix plunge sinks KOSPI despite broader gains SEOUL, August 06 (AJP) -The KOSPI on Thursday reversed, weighed down by two heavyweights - SK and Samsung. The KOSPI, the main board of the Korea Exchange, closed at 6,296.4, down 4.6 percent, after SK hynix fell 10.4 percent to 1,495,000 won ($1,050) and Samsung Electronics dropped 6.3 percent to 230,500 won ($161.90). SK, the de facto holding company of the memory chipmaker, also lost 9.4 percent. The two chipmakers are worth roughly half the main board between them, and a weaker than expec August 6, 2026

Korean Inc. doles out over $5 bn in July cash dividends SEOUL, August 06 (AJP) — South Korean companies doled out more than 7.4 trillion won ($5.3 billion) in cash dividends in July, led by Samsung Electronics and Hyundai Motor, as businesses stepped up shareholder returns under the government's drive to improve corporate value. According to the Korea Exchange (KRX) on Thursday, 90 listed companies, including 58 on the main KOSPI market and 32 on the junior KOSDAQ market, announced cash dividend payments totaling about 7.4 trillion won du August 6, 2026

Kakao picks Coupang Eats as first AI agent partner SEOUL, August 06 (AJP) - Kakao announced it has chosen Coupang Eats as the inaugural partner for its artificial-intelligence agent, allowing users to receive food recommendations and complete orders and payments without leaving a KakaoTalk chat window. The tie-up announced Thursday marks the first concrete step in the South Korean internet giant's push to turn its dominant messaging app, used by about 50 million people, into what it calls an "acting AI platform" that links everyda August 6, 2026

KOSPI heads back south on overnight Wall Street tech retreat SEOUL, August 06 (AJP) — The roller-coaster ride in Seoul headed back south Thursday, as South Korean stocks tracked an overnight pullback in U.S. tech shares that spread across the region's semiconductor sector. The KOSPI fell 4.13 percent to 6,325.82 as of 10:08 a.m. local time, with losses deepening as the session wore on. Foreign investors were the biggest sellers, offloading a net 1.14 trillion won ($798 million) in shares. Retail investors bought a net 995.6 billion won, while i August 6, 2026

Seoul to rewrite public wealth rulebook to include cypto and AI assets SEOUL, August 06 (AJP) - South Korea will rewrite the rules governing nearly 1,403 trillion won ($985 billion) of public assets by bringing cryptocurrencies, intellectual property and financial holdings under a unified national wealth framework, marking the country's biggest overhaul of state asset management since the State Property Act was enacted more than seven decades ago. The Ministry of Economy and Finance unveiled the blueprint Thursday at an emergency economic ministers' meet August 6, 2026

Samsung tests global appetite for pricier Galaxy foldables and wearables SEOUL, August 06 (AJP) -Samsung Electronics rolled out its latest Galaxy foldable smartphones and smartwatches worldwide on Thursday, betting strong pre-orders can overcome sticker shock as soaring memory and component costs push flagship handset prices to new highs and weigh on global smartphone demand. The world's largest smartphone maker said the Galaxy Z Fold8 Ultra, Galaxy Z Fold8, Galaxy Z Flip8, Galaxy Watch Ultra2 and Galaxy Watch9 will go on sale from Aug. 7 in major markets before August 6, 2026

Won, Korean bonds rally as Middle East tensions ease SEOUL, August 05 (AJP) - South Korea’s won and government bonds rallied on Wednesday as optimism over a potential U.S.-Iran agreement pushed oil prices lower, easing inflation concerns and drawing investors back into local assets. The won closed the daytime session at 1,424.5 won to the dollar, strengthening by 8.0 won, or 0.56 percent, from Tuesday’s close of 1,432.5. The three-year Korean government bond yield fell 7.1 basis points to 3.669 percent, while the 10-year yield droppe August 5, 2026

KOSPI rebounds above 6,500 as foreign investors return amid global chip rally SEOUL, August 5 (AJP) - South Korean stocks extended their rally on Wednesday, with the benchmark KOSPI climbing back above 6,500 as foreign investors returned to the market as net buyers. The rally was further supported by strength in global semiconductor shares and easing Middle East tensions. The KOSPI closed 3.76 percent higher at 6,598.26 after rising as much as 6,674.66 intraday. The surge triggered a buy-side sidecar early in the session, while the junior KOSDAQ gained 2.42 percent to 79 August 5, 2026