South Korea's energy diversification strategy could enhance stability and foster innovative investment opportunities in tokenized energy assets.
The post South Korea triples Canadian crude imports, boosts LNG purchases appeared first on Crypto Briefing.
South Korea’s Kospi stock market has hit record highs thanks to AI, but experts urge caution over boom-bust cycles and a heavy reliance on two chipmakers
South Korea has leapfrogged India to become the world’s sixth largest share market, leaving equity markets in the UK, Germany and France trailing in its dust. But despite the runaway success, some are raising concerns that the Kospi index is too dependent on two freshly minted trillion-dollar chipmaking companies.
Chip company SK Hynix last week claimed a seat in Asia’s trillion-dollar company club, alongside South Korean compatriot Samsung Electronics and Taiwan’s TSMC. Explosive demand for chips used in AI has propelled the trio past the valuation threshold.
Continue reading...
XCENA, a chip startup with offices in South Korea and the US, has raised $135 million in a Series B at a $570 million valuation, led by Seoul-based firms Atinum and IMM Investment, to commercialise a chip that processes AI data directly within memory rather than routing it through expensive CPUs and GPUs. Founded in […]
The post Samsung Electronics Soars 10% on Nvidia CEO Visit, HBM4E Chip Launch appeared on BitcoinEthereumNews.com.
Key Takeaways Samsung Electronics shares closed 10.1% higher at an all-time record on Monday, June 1, 2026. Nvidia’s Jensen Huang is scheduled to visit South Korea this week for meetings with Samsung, LG, and additional Korean technology leaders. The company started delivering sample units of its advanced HBM4E (high-bandwidth memory) chips to clients, leading competitors in this space. Approximately 48,000 union members voted to approve a compensation agreement, preventing a potential strike with 74% support. LG Electronics reached its 29.9% daily trading limit for consecutive sessions, while Naver climbed 16% on anticipated Huang discussions. Shares of Samsung Electronics (005930) reached an unprecedented closing high on Monday, climbing 10.1% as three significant developments materialized simultaneously. The anticipated arrival of Nvidia CEO Jensen Huang to South Korea,
The rapid surge of $SLX highlights the significant impact of strategic exchange listings on token liquidity and market dynamics.
The post $SLX surges 103.8% following listing on Upbit, South Korea’s largest exchange appeared first on Crypto Briefing.
South Korea's economic growth prospects improve, but heavy reliance on semiconductors poses significant risks amid potential market volatility.
The post South Korea’s exports surge 53% in May, driven by AI chip boom appeared first on Crypto Briefing.
The post South Korea Trade Balance above forecasts ($24.3B) in May: Actual ($26.94B) appeared on BitcoinEthereumNews.com.
Gold stays defensive above $4,500 in the Asian session on Monday, holding Friday’s late pullback from the vicinity of $4,600 or a two-week high. Any meaningful upside seems elusive as geopolitical risks underpin the US Dollar’s reserve currency status, which tends to weigh on the commodity. Furthermore, bets for a Fed rate hike in 2026 support the USD and should cap gains for the non-yielding yellow metal. Source: https://www.fxstreet.com/news/south-korea-trade-balance-above-forecasts-243b-in-may-actual-2694b-202606010042
The post South Korea S&P Global Manufacturing PMI climbed from previous 53.6 to 54.8 in May appeared on BitcoinEthereumNews.com.
Gold stays defensive above $4,500 in the Asian session on Monday, holding Friday’s late pullback from the vicinity of $4,600 or a two-week high. Any meaningful upside seems elusive as geopolitical risks underpin the US Dollar’s reserve currency status, which tends to weigh on the commodity. Furthermore, bets for a Fed rate hike in 2026 support the USD and should cap gains for the non-yielding yellow metal. Source: https://www.fxstreet.com/news/south-korea-sp-global-manufacturing-pmi-climbed-from-previous-536-to-548-in-may-202606010030
The post Altcoins Experiencing a Boom in Trading Volume in South Korea Have Been Identified – XRP’s Little Brother Tops the List appeared on BitcoinEthereumNews.com.
Altcoins Experiencing a Boom in Trading Volume in South Korea Have Been Identified – XRP’s Little Brother Tops the List – Bitcoin Sistemi
Insert This website uses Cookies to ensure the best experience for you.Accept Source: https://en.bitcoinsistemi.com/altcoins-experiencing-a-boom-in-trading-volume-in-south-korea-have-been-identified-xrp-s-little-brot/
