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Finance
KOSPI holds 6,000; where March heads amid Middle East risks
Investors are watching whether South Korea's KOSPI can extend its rally in March after breaking through 6,000 before February ended. Average daily turnover hit a record 32.234 trillion won last month, up 19 percent from January, with trading concentrated in Samsung Electronics and SK Hynix. Analysts warn of profit-taking early in the month amid Middle East tensions and uncertainty over Trump administration tariffs, but say escalation risks and market fallout may be limited.
Industry
Olive Young, Daiso and Musinsa seen posting record results last year as they accelerate expansion
Olive Young, Daiso and Musinsa, dubbed 'Ol-Da-Mu', are expected to set record results for last year, with Olive Young and Musinsa seen reaching the 5 trillion won range in annual sales or transaction volume and Daiso in the 4 trillion won range. Olive Young is expanding from beauty into wellness and opening Olive Better stores. Musinsa plans to increase offline stores and build a K-fashion cluster in Seoul. Daiso is widening its product portfolio while improving operations and logistics.
Telecommunications & Media
Mobility platforms return to profitability amid intensifying margin battle
South Korea’s three mobility platforms improved profitability last year, led by Socar’s operating profit of 23.2 billion won and TMAP Mobility’s first annual net profit of 23.3 billion won. Kakao Mobility also raised profitability by close to 20 percent. The companies cut or reshuffled non-core operations and expanded data- and AI-based revenue models. Each is now focusing on core strengths, including car sharing, data expansion and physical AI and autonomous driving.
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Telecommunications & Media
Apple launches budget iPhone 17e and new iPad Air
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AI & Enterprise
Nvidia to invest $400 million in two optics technology companies
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AI & Enterprise
Tech industry urges Pentagon, Congress to withdraw Anthropic 'supply chain risk' designation
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AI & Enterprise
Hackers claim DHS hack, leak ICE contract data
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Crypto
Hong Kong, Shanghai begin blockchain test for trade data
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AI & Enterprise
Sony Bank partners with JPYC to test instant purchase of yen stablecoin from bank accounts
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Crypto
Trump Media considers spinning off Truth Social to focus on crypto business
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AI & Enterprise
Chinese AI company MiniMax revenue more than doubles in 2025, net loss quadruples
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AI & Enterprise
Huawei unveils ACN, targets mobile network shift for AI agents
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AI & Enterprise
WorkOS raises $100 million to expand authentication and security for AI agents
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AI & Enterprise
AWS expands Security Hub platform to manage third-party security products
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AI & Enterprise
ZyG raises $58 million to grow small brands with AI agents
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Finance
PayPay delays Nasdaq IPO roadshow after fallout from Iran crisis
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Crypto
Tether releases first reserve report for U.S.-regulated stablecoin USAT
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Crypto
Nasdaq files with U.S. SEC for prediction market-style binary options product