SEOUL – South Korea’s Kospi Index slid as shares of chipmakers plunged on concern that a would lead to greater scrutiny of the artificial intelligence industry. The benchmark slumped as much as 3.7%, erasing an early gain. Shares of Samsung Electronics and SK Hynix were down at least 4% each to be »»»

Samsung Electronics signage is seen outside the company's headquarters in southern Seoul on Thursday. (Newsis) Overseas selling pushes Samsung's foreign ownership back to 2008 financial crisis levels despite record earnings, while SK hynix holdings also fall below 50 percent Foreign ownership of Sa»»»

SEOUL (Aug 26): A new South Korean fund fuelled by record tax windfalls from a semiconductor boom would finance projects over a three- to four-year period, rather than recurring spending like welfare programmes, a presidential official said on Wednesday. The Future Response Fund will be used both t»»»