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AI & Enterprise

Apple to unveil four new Mac models by year-end - report

Apple is expected to unveil four additional Mac lineup products by the end of this year after launching three new Mac products this month, a report said. The models are expected to include Mac Studio with M5 Max and a new M5 Ultra chip, an iMac update with an M5 chip, a Mac mini update with M5 and M5 Pro options, and a redesigned MacBook Pro with an M6 chip.

Finance

KOSPI jumps more than 5 percent to reclaim 5,900 level; Kosdaq also rises

South Korea's KOSPI surged more than 5 percent on Tuesday to climb back above 5,900, ending up 284.55 points, or 5.04 percent, at 5,925.03. The index opened higher and widened gains in the afternoon as volatility increased on a sharp influx of program buying. A sidecar was triggered at 2:34:13 p.m. The Kosdaq also rose, while the won strengthened against the dollar.

Finance

President Lee Jae-myung vows to seize cash in stock manipulation to open 'Korea premium' era

South Korean President Lee Jae-myung (이재명) said he will work to end the chronic undervaluation of domestic shares known as the "Korea discount" and shift to a "Korea premium" era. Chairing a meeting at the presidential office, he discussed capital market reforms focused on improving corporate governance and market transparency. He said stock manipulation would be punished severely, including confiscating cash used, and illegal gains would be fully recovered.