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Finance
KOSPI slumps nearly 3 percent on Middle East war jitters; foreigners extend selling streak
South Korean shares slid on March 30 as tensions over the Iran war rose. The KOSPI closed down 2.97 percent at 5,277.30 after opening sharply lower and widening losses early. Foreign investors were net sellers of 2.13 trillion won, while retail and institutional investors bought. Most large-cap stocks fell, led by SK Hynix and Samsung Electronics. The Kosdaq also declined and the won weakened against the dollar.
Crypto
Iran parliament speaker says trusting Trump comments leads to ruin, TACO trade no longer works
Iranian parliament speaker Mohammad Bagher Ghalibaf said investors should treat U.S. President Donald Trump’s advance policy remarks as signals for taking profits and, in energy markets, consider taking the opposite position. His comments draw attention as Wall Street’s so-called “TACO” trade wobbles amid rising tension with Iran and heightened uncertainty. GDPNow lowered its U.S. first-quarter growth outlook, while rates expectations retreated and 10-year Treasury yields rose above 4.4 percent.
Industry
SMR vs fusion vs renewables: three-way race for future power, who takes energy throne by 2035
Rising electricity demand driven by the spread of artificial intelligence is reshaping the global energy market and intensifying competition over power infrastructure. With gas turbine supply shortages expected to persist and geopolitical risks adding uncertainty, technology companies are exploring alternatives such as small modular reactors and nuclear fusion. Developers including Kairos Power, Oklo, Commonwealth Fusion Systems and Helion are pursuing demonstration and commercial timelines, while renewables and grid batteries gain cost competitiveness.
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AI & Enterprise
TTA sets up dedicated project group for AI security standardisation
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AI & Enterprise
Penalties for concealing hacking incidents: Kim Jang-gyeom submits bill to prevent downplaying and cover-ups
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Finance
FSS issues warning on insider share trading disclosures, short-swing profit returns
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Finance
Mirae Asset Group adopts vehicle odd-even day system across affiliates to save energy
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AI & Enterprise
Cho In-cheol proposes bill to mandate log recording and immediate preservation after cyber incidents
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Finance
IBK Industrial Bank of Korea to provide 200 billion won support to SMEs involved in navy vessel MRO
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AI & Enterprise
Apple's most overpriced products that disappointed even fans
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Finance
Shinhan Bank opens 'Shinhan Hakijae Gwangju' to boost local financial education
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Crypto
Ripple CEO says crypto will completely reshape finance in 10 years
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Industry
U.S.-China race for robot dominance: China leads in scale, U.S. holds technology edge
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AI & Enterprise
Opper AI opens AI Roundtable platform to compare and debate AI model decisions
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AI & Enterprise
Apple overhauls AI strategy, shifts to distribution platform instead of building own models
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AI & Enterprise
Gartner says falling AI token prices won't cut corporate AI costs
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Industry
Chinese EV makers move beyond cheap cars as western rivals stay in losses
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Crypto
Hecto Innovation opens baseball game outcome prediction platform Polyball