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Games & Commerce

Jensen Huang to meet Krafton, NCSoft chiefs and pursue talks with Faker in Seoul

Nvidia CEO Jensen Huang, who is visiting South Korea this week, plans broad outreach to the gaming industry, including meetings with Krafton and NCSoft executives and pursuing talks with pro gamer Faker. Industry officials say he will meet Krafton Chairman Chang Byung-gyu and other executives in Seoul to discuss humanoid robots based on physical AI and gaming cooperation tied to RTX Spark. He is also set to meet NCSoft CEO Kim Taek-jin on June 7.

Finance

KOSPI slides to 8,600 level on foreign selling of 7 trillion won; KOSDAQ rebounds more than 2 percent

South Korea's KOSPI fell on June 4 as heavy foreign selling pushed the index down to the 8,600 level, with major chip shares weakening. The benchmark closed down 162.08 points, or 1.84 percent, at 8,639.41. Individuals and institutions were net buyers, while foreigners sold 7.0 trillion won, marking a 19-session selling streak. The KOSDAQ rose 2.31 percent to 1,049.73, and the won strengthened against the dollar.

Crypto

Coinone launches four-way alliance, declares move beyond exchange to comprehensive finance platform

Coinone said it has brought in Korea Investment & Securities and OKX as new strategic investors and will move beyond a digital asset exchange to a blockchain-based comprehensive financial platform. Under the deal, Korea Investment & Securities and OKX will each take a 20 percent stake to become joint third-largest shareholders, while CEO Cha Myung-hoon will retain 30 percent. Existing shareholder Com2uS Holdings will keep its position.