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Mobility

U.S. EV charging stations shift toward rest-stop-style experience

Competition in the U.S. public electric vehicle charging market is shifting from the number of chargers to amenities and the user experience. Automaker joint venture IONNA is accelerating network expansion with its lounge-style Rechargery hubs. It operates about 1,000 charging bays at more than 100 sites and has contracted for additional bays, while targeting 30,000 ultra-fast charging points by 2030. Tesla and EVgo are also upgrading systems and deployment models.

Finance

KOSPI rises for first time in four sessions on semiconductor gains, nears 7,000

South Korea\'s benchmark KOSPI climbed nearly 2 percent on Wednesday, led by gains in heavyweight semiconductor stocks such as Samsung Electronics and SK Hynix. The index recovered from an early drop to the 6,700 level and finished around 6,900, closing up 133.31 points at 6,971.35. Institutions were net buyers, while individuals and foreigners sold. The KOSDAQ rose 4.48 percent. The won was little changed against the dollar.

Finance

KOSPI falls for third session on U.S. yield surge pressure; foreigners and institutions sell

South Korea’s KOSPI fell for a third straight session on Sept. 30, pressured by a surge in U.S. Treasury yields and joint selling by foreigners and institutions. The benchmark closed down 32.77 points, or 0.48 percent, at 6,838.04 after opening higher and later turning lower. Individuals were net buyers, while foreigners and institutions were net sellers. The KOSDAQ ended higher, and the won was little changed.