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Finance

KOSPI slides more than 3 percent to 5,700 level as Alphabet plunges

South Korea\'s KOSPI fell more than 3 percent in early trading on Oct. 30, sliding to the 5,700 level as U.S. tech shares weakened after Alphabet\'s earnings missed expectations and concerns grew over rising AI investment costs. Profit-taking also emerged in large-cap semiconductor stocks that had recently rebounded sharply. Foreign investors and institutions were net sellers, while retail investors bought.

Industry

IAEA nuclear ministerial meeting opens in Songdo; South Korea to lead SMR development and international cooperation

South Korea\'s Ministry of Science and ICT said the International Atomic Energy Agency (IAEA) Nuclear Ministerial Meeting opened on Oct. 27 at Songdo Convensia in Incheon. The three-day meeting runs through Oct. 29 and brings together about 800 participants from 60 member states, eight international organisations and around 85 companies. Deputy Prime Minister Bae Kyung-hoon chairs the meeting and called for wider cooperation while stressing safety, nuclear security and non-proliferation.

Telecommunications & Media

KT tests UAM on Incheon islands, verifies 5G and satellite network stability

KT tested AI-based urban air mobility (UAM) traffic management technology and the operability of 5G and satellite communications networks in island areas of Incheon, it said. KT said it completed a public UAM demonstration with Incheon city, the Aerospace Industry-Academia Convergence Institute and the K-UAM One Team. The test applied integrated operations capabilities to routes linking Yeongjongdo and Deokjeokdo and checked data-sharing systems among related agencies.

  • Finance

    Shinhan Bank arranges 2.28 trillion won financing for Bokjeong Station area development

    2026.10.08 10:11
  • AI & Enterprise

    KT Cloud joins 50-MW Cheongna AI data centre project as DBO partner

    2026.10.07 10:31
  • Industry

    Nvidia to hold AI Day Seoul at COEX in November with 20 partners

    2026.09.30 09:33
  • Finance

    Woori Financial to provide 450 billion won PF support for Pohang AI data centre

    2026.09.23 10:15
  • Finance

    Korea Investment Trust Management to list strategic industries ETF

    2026.08.11 08:42
  • Telecommunications & Media

    KT applies AI to urban air mobility traffic control, unveils 5G aviation network technology

    2026.07.15 10:00
  • Finance

    Shinhan Bank introduces housing-linked wealth management model with Hyundai E&C

    2026.04.09 13:59
  • AI & Enterprise

    Predictive security models hit limits as shadow AI SaaS risks rise

    2026.03.20 07:30
  • AI & Enterprise

    Suprema signs MOU with Hyundai Motor-Kia Robotics Lab, Hyundai E&C on service-robot housing complexes

    2026.03.20 06:25
  • AI & Enterprise

    Large-firm job postings up 6 percent in Jan-Feb, JobKorea survey finds

    2026.03.06 10:43
  • Finance

    Shinhan Bank signs MOU with Hyundai Engineering & Construction to boost productive finance

    2026.02.18 10:42
  • Industry

    MSIT to invest 151.1 billion won in climate and environment R&D in 2026

    2026.01.08 12:00
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