Samsung Q2 profit surge: Operating profit jumps 19-fold to 89.4 trillion won on AI-driven memory demand Samsung Q2 profit surge: Samsung Electronics reported a 19-fold jump in operating profit to …
Won
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Business
South Korea announces 800 trillion won semiconductor investment to boost AI competitiveness
by Sato Asahiby Sato AsahiSouth Korea Announces Unprecedented 800 Trillion Won Semiconductor Investment with Samsung and SK Hynix South Korea semiconductor investment: President Lee Jae‑myung unveiled an 800 trillion won plan with Samsung and …
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Business
Asian markets plunge as yen and won weaken; Seoul convenes emergency meeting
by Sato Asahiby Sato AsahiAsian markets tumble as tech sell-off, rate fears and Middle East tensions rattle investors Asian markets saw steep losses on June 8, 2026, as a technology-led sell-off, renewed expectations of …
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Business
Asian Markets Slump as Yen and Won Weaken, Seoul Calls Emergency Meeting
by Sato Asahiby Sato AsahiYen and won under pressure as Asian markets tumble; Seoul held emergency weekend meeting Yen and won under pressure as tech-led selloff hits Asian markets on June 8, 2026; Seoul …
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Business
Samsung Electronics Agrees to Average 600 Million Won Bonuses for Semiconductor Workers
by Sato Asahiby Sato AsahiSamsung semiconductor bonuses of 600 million won agreed after union-management deal Samsung semiconductor bonuses of 600 million won ($400,000) were agreed in a union deal that averted a strike and …
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Technology
Shin Hyun Song Leads Bank of Korea Push to Internationalize the Won
by Sora Tanakaby Sora TanakaShin Hyun Song Seeks Won Internationalisation While Guarding Against Capital Shocks New Bank of Korea governor Shin Hyun Song proposes won internationalisation to widen the currency’s global use while protecting …