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Finance
Samsung group stocks surge beyond Samsung Electronics
Samsung group shares are rising broadly alongside Samsung Electronics, with the market citing strong earnings and a recovery in investor sentiment as Middle East war risk eases. Samsung Electronics rose 3.08 percent on April 16, while Samsung Electro-Mechanics and Samsung SDI also gained. Samsung Electronics reported record quarterly revenue and operating profit in preliminary first-quarter results. Since the start of the year, several affiliates have posted triple-digit gains, lifting the group’s combined market value.
Games & Commerce
Kakao steps up AI shift under Jeong Shin-a second term; key test is proving monetisation
Kakao is accelerating its shift to artificial intelligence in the second term of CEO Jeong Shin-a, after a first phase focused on restructuring affiliates and governance. The company is redefining KakaoTalk as an AI-based execution platform and expanding external partnerships and global business initiatives. Kakao has set targets for revenue growth and profitability and plans shareholder returns. Investors remain focused on when and how AI monetisation will show up in earnings.
Finance
Foreigners net sell 9 trillion won this year despite KOSPI rally
Foreign investors have been net sellers of South Korean stocks this year despite a record rally in the KOSPI, unloading more than 9.16 trillion won through Feb. 20, Korea Exchange data showed. They also sold KOSPI200 futures. Sales were concentrated in Samsung Electronics and SK Hynix. Analysts said the selling likely reflects short-term rebalancing and profit-taking rather than a bet on a sustained decline, though some warn of overheating risks.