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Finance

KOSPI gives up 7,000 level, Kosdaq also falls

South Korea’s KOSPI rose above the 7,100 level on Sept. 8 and climbed as high as 7,171.52, but surrendered the 7,000 mark late in the session amid profit-taking pressure after the previous day’s surge. The index ended down 40.87 points, or 0.58 percent, at 6,954.52. The Kosdaq also fell 1.25 percent to 811.88. The won strengthened to 1,344.50 per dollar.

Telecommunications & Media

Apple has not abandoned foldable Mac development; soft keyboard is key

Apple’s foldable Mac may remain a long-term project rather than being discontinued, an analysis said, citing the difficulty of matching a laptop-level keyboard experience when the screen is unfolded. The report said a dynamic hardware keyboard that changes layout by app is one proposed step, while the ultimate goal could be using the display itself as a keyboard. Apple has previously outlined related patented approaches, including haptics and surface texture cues.

Telecommunications & Media

iPhone 18 launch nears; will mobile carrier subscriber battle heat up

South Korea\'s mobile number-porting market, lifted by Samsung Electronics\' Galaxy Z8 series, is in focus again as Apple prepares to unveil new products. Porting rose in August from July, and the iPhone 18 launch this month could intensify competition among SK Telecom, KT and LG Uplus. The scale of porting will depend on carrier incentives and distribution promotions, while Apple’s launch timing and supply strategy could also affect demand.