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Finance

Kosdaq rally as semiconductors pause puts focus on this week\'s market direction

South Korean stocks face a week packed with catalysts, including U.S. inflation readings, a Bank of Korea policy meeting, MSCI rebalancing and the launch of single-stock leveraged and inverse ETFs. Investors are watching whether the KOSPI can hold near 8,000 and whether rotation into Kosdaq growth stocks can continue. The Kosdaq surged last week on buying in advanced industries. Markets also await the U.S. PCE inflation gauge and policy signals on rates, inflation and the currency.

Industry

LG Electronics launches \'Battery Turn\' campaign to collect used vacuum batteries

LG Electronics said on May 18 it will run its \'Battery Turn\' resource-circulation campaign to collect used vacuum cleaner batteries and recycle them into rare metals. The campaign, backed by the Ministry of Climate, Environment and Energy and run with the Korea Environment Corporation and E-Circular Governance, has continued annually since 2022. Customers who return used batteries receive discounts on new battery purchases, with higher discounts offered this year.

AI & Enterprise

Global AI money shifts to Taiwan, South Korea, putting India\'s top 5 stock market status at risk

Global investors are moving money out of India and into Asian markets seen as major beneficiaries of artificial intelligence infrastructure, raising the risk that India’s stock market could fall out of the world’s five largest for the first time in 3 years. India’s weight in the MSCI Emerging Markets index has declined and foreign investors have recorded net outflows in 2026. Taiwan and South Korea have attracted inflows, while Indian IT services stocks have come under pressure.