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Finance
Korea Exchange says KOSPI hits record high on strong semiconductor outlook and improving foreign flows
South Korea\'s KOSPI ended on April 21 at 6,388.47, surpassing its previous record close set on Feb. 26, and also topped the prior intraday high. Market capitalisation rose to a record 5,236.2 trillion won. The Korea Exchange said the index rebounded in April on expectations for semiconductor results and improved foreign investor flows, supported by expanding global AI memory demand. Foreigners and institutions were net buyers on the day.
AI & Enterprise
South Korea ranks third globally for notable AI models in Stanford AI Index 2026
South Korea ranked third in the number of notable artificial intelligence models released last year, behind the United States and China, the Ministry of Science and ICT said on April 14, citing Stanford University’s Human-Centered AI Institute. The report also put South Korea first globally in AI patents per 100,000 people and first in the increase in AI adoption rankings. It ranked fourth for industrial robot installations.
Finance
Billionaires pay less tax than their secretaries, momentum grows for 2 percent minimum wealth tax
Gabriel Zucman, an economist at the University of California, Berkeley, has proposed a 2 percent minimum annual tax on people with net assets above 100 million euros, reigniting debate over taxing billionaires. A short new book helped trigger a vote in France’s parliament and put a policy plan on the G20 agenda. Zucman argues tax systems are regressive and backs international coordination and exit taxes to curb avoidance.
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Crypto
Global companies eye stablecoin payments as regulatory frameworks key
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Finance
Korea Exchange says KOSPI hits 6,000 with top gain among major markets
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Finance
Korean stock market enters new era as KOSPI touches 5,000
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Crypto
Crypto market could face extreme bear market in 2026, experts divided
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Finance
Top stock return in 2025 is not SK Hynix or Doosan Enerbility
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Finance
Korea Exchange holds KRX-TR Annual Meeting says reporting system meets global standards