KOSPI falls below 8,000 as Wall Street chip rout spills over SEOUL, July 2 (AJP) - South Korean stocks suffered another heavy selloff on Thursday, with the benchmark KOSPI plunging more than 5 percent in early trading, falling below 8,000 points. The decline followed an overnight rout in U.S. semiconductor shares, which reignited concerns that the artificial intelligence (AI)-led boom may be losing momentum. Just minutes after trading began, the KOSPI fell 5.30 percent to 7,862.92 and the junior KOSDAQ also dropped 4 percent to 892.18. A sharp decline i July 2, 2026

KOSDAQ at 30 bares Peter Pan syndrome SEOUL, July 01 (AJP) – KOSDAQ, South Korea's answer to the Nasdaq, turned 30 on Wednesday. But the celebration was notably subdued as the junior market remains trapped in a kind of Peter Pan syndrome, unable to match the spectacular rise of its bigger sibling, the KOSPI. While the benchmark KOSPI has quadrupled over the past 18 months, KOSDAQ has barely moved. After standing at 925 eighteen months ago, it closed its 30th anniversary at 929.35. The market debuted at 1,000 points on Jul July 1, 2026

KOSPI opens lower as foreign selling hits chipmakers SEOUL, July 1 (AJP) - South Korea's benchmark KOSPI opened lower on Wednesday despite strong overnight gains in U.S. tech stocks, as foreign investors shrugged off a global semiconductor rally. With less than a couple of hours of trading, the index fell 1.62 percent to 8,339.34, while the junior KOSDAQ rose 2.84 percent to 942.21. The sluggish start came despite a strong performance on Wall Street overnight, with the Philadelphia Semiconductor Index surging 3.92 percent, while the Nasdaq C July 1, 2026

Korean Startup Agency Hosts Global Startup Program in Tokyo to Boost Market Entry The Korea Startup Promotion Agency is supporting domestic startups in entering the Japanese market. The agency announced that it conducted the 'Super Gap Global IR & PoC in Tokyo' program from June 24 to 26 in Tokyo. Fourteen startups specializing in deep tech fields such as artificial intelligence and robotics participated in the event, which included 12 major Japanese corporations and 13 investment firms discussing potential business collaborations. The program featured a comprehensive stru June 29, 2026

Battery frenzy lifts KOSDAQ while chip stocks drag KOSPI down SEOUL, June 29 (AJP) - A battery-led frenzy on South Korea's junior KOSDAQ masked a flat, chip-heavy KOSPI on the main bourse on Monday, splitting the country's stock market into two sessions running in opposite directions. The secondary-battery rally drove the KOSDAQ up 8.1 percent to 920.57, while the KOSPI slipped 0.2 percent to 8,394.65 as key chipmakers Samsung Electronics and SK hynix fell. Foreign investors turned net buyers on the main board, while institutional and retail buyi June 29, 2026

KOSPI, Nikkei 225 refueled by revived chip fever SEOUL, June 25 (AJP) — The KOSPI moved to the brink of reclaiming the 9,000-point milestone amid a tense market rivalry between the country's two chip heavyweights, while the junior KOSDAQ sank further as bets narrowed on chip infrastructure. The benchmark KOSPI closed up 5.42 percent at 8,930.30 after briefly climbing above the 9,000-point threshold during afternoon trading. Trading was volatile throughout the session. A buy-side sidecar was triggered shortly after the open amid a r June 25, 2026

IBK Launches Startup Hub in Daegu to Support Entrepreneurs Recently, at the Samsung Creative Campus in Daegu, the IBK Changgong Daegu building came into view as I entered the complex. The first thing that caught my eye was the wall, which was filled with the names of companies that have passed through IBK Changgong Daegu since last year. In an office next to the entrance, staff members were busily managing the center. This location is considered the frontline of IBK's productive finance initiatives.Inside the center, spaces necessary for startup operati June 25, 2026

Public Home Shopping Awards Innovative Products, Honors LNT Tech's Sterilizing Vacuum Public Home Shopping has identified 15 products from small and medium-sized enterprises and startups that showcase outstanding ideas and innovative technologies. On June 25, Public Home Shopping announced that it held an awards ceremony for its "Outstanding Ideas and Innovative Products Contest" at the Esplex Center in Mapo-gu, Seoul. In collaboration with the Ministry of Small and Medium Enterprises and Startups, the contest aims to discover promising small and medium-sized enterprises and su June 25, 2026

Five Startups Selected for Collaboration with Financial Institutions Five startups providing practical services such as funeral preparation, card spending analysis, policy support fund inquiries, lease risk assessments, and financial AI response verification have been recognized for their collaboration with financial institutions. Lee Ok-yeon, chairman of the Financial Services Commission, attended the "Startup Open Innovation #Financial Sector" award ceremony held at Front One in Mapo, Seoul, on June 24, where he presented awards for exemplary collaborations be June 24, 2026

LG Electronics Strengthens Premium 'LG Signature' OLED TV Lineup LG Electronics is enhancing its premium 'LG Signature' OLED TV lineup with the introduction of new products, aiming to solidify its leadership in the OLED TV market, where it has maintained the top position for 13 consecutive years.On June 24, LG announced that it will sequentially launch the next-generation Wallpaper TV 'LG Signature OLED W' (model W6) globally, starting in South Korea.The new model boasts a thickness of just 0.9 cm, allowing for close wall installation as a 2026 wireless Wallp June 24, 2026