South Korea
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Market Volatility and the AI Bubble Debate: Examining the Tech Pullback
Global markets face uncertainty as a South Korean stock crash and cooling US tech shares fuel fears over the sustainability of massive AI infrastructure investment.
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South Korea Holds Emergency Meeting As 864 Trillion Won Leaves Its Stock Market
South Korean financial authorities held an emergency meeting after the KOSPI index lost 864.5 trillion won in two days, triggering consecutive circuit breakers.
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South Korean Michelin-Starred Restaurateur Faces Jail Over Unapproved Ant Garnish
South Korean prosecutors have requested a one-year prison sentence for a restaurateur who served unapproved ants in desserts for four years.
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South Korea Urges Citizens to Depart Middle East as US-Iran Tensions Escalate
South Korea has advised its citizens to promptly leave the Middle East as hostilities between the US and Iran intensify, impacting regional security and maritime safety.
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Homeplus Appeals Court Decision to Terminate Rehabilitation
Homeplus has filed an appeal against the termination of its rehabilitation proceedings after securing a 200 billion won emergency loan.
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KOSPI Enters Bear Market Following 4.5% Plunge Amid AI Skepticism and Middle East Tensions
South Korea’s KOSPI index dropped 4.5% on July 20, officially entering a bear market as chip stocks slump and geopolitical instability in the Middle East escalates.
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South Korea Eyes 3.5 Trillion Won Investment for ‘Frontier AI’ Development
South Korea’s DPM Bae Kyung-hoon estimates 10,000 NVIDIA Vera Rubin GPUs and 3.5 trillion won are needed to build a frontier AI model rivaling US technology.
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South Korea Launches Antitrust Raids on Global Chipmakers Over Price-Fixing Allegations
Seoul prosecutors raided offices of Montage Technology, Renesas, and Rambus amid allegations of a global conspiracy to fix memory interface chip prices.
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Princess Anne Concludes South Korea Visit Highlighting Bilateral Ties
Princess Anne concludes her high-profile tour of South Korea, marking 75 years since the Battle of Imjin River and strengthening UK-Korea industrial and cultural ties.
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Nurse Aide Arrested for Propofol Misuse at Seoul Dermatology Clinic
A Seoul nurse aide was arrested for self-administering propofol retrieved from medical waste, sparking concerns over narcotic management in South Korean clinics.
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KOSPI Plunges 8% as Tech Sell-Off Triggers Market Circuit Breaker
South Korea’s KOSPI index suffered an 8% drop on Tuesday, triggering a market-wide circuit breaker as investors offloaded tech heavyweights despite record profits.
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South Korean President Demands Investigation Into World Cup Exit
President Lee Jae Myung has ordered a government probe into the KFA following South Korea’s early World Cup exit, citing cronyism and administrative failure.
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Global Markets Navigate Late-Cycle Risks as Semiconductor Giants Pivot to AI Infrastructure
Investors are hedging against systemic downturns while South Korea launches a $518 billion semiconductor initiative to secure AI leadership.
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South Korea’s KOSPI Plummets as Tech Rout Triggers Circuit Breakers
South Korea’s KOSPI index plunged over 8% on Friday, triggering circuit breakers as investors reassessed the sustainability of AI-driven semiconductor rallies.
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From Public Apologies to Custody: The Legal Realities of Arrest Warrants
A surge in high-profile legal actions, ranging from celebrity misconduct to international political interference, highlights the evolving enforcement of arrest warrants.