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27.04.26 - 05:30
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S.Korea Trade Minister on Trade, Supply-chain expansion (Bloomberg)
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South Korea's stock markets are showing strong gains in the Asia session, with the COSPI index up about 1%, led by technology companies such as Samsung and SK Hynix, which constitute around 40% of the index. The COSPI has surged over 150% in the past year, outperforming many global markets, particularly due to the AI boom. South Korea's trade minister, Yeo Han-Koo, discussed the country's robust export performance despite global headwinds including rising protectionism, energy supply disruptions, and geopolitical tensions such as the ongoing war in Iran. The minister highlighted the pivotal role of AI-driven exports in sustaining South Korea's economic growth while emphasizing the need to diversify markets and supply chains to mitigate risks.
Original filename: 20260427_014301_South_Korea_s_AI_Driven_Export_Boom_Fuels_Market_Gains_Amid_.mp4 (Source: Bloomberg)...
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24.04.26 - 14:24
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Industrial Bank Of Korea Earnings Slip In Q1 (AFX)
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SEOUL (dpa-AFX) - Industrial Bank of Korea (024110.KS), on Friday reported lower net income despite higher sales in the first quarter of 2026 compared with the previous year. For the first quarter......
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