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Finance

KOSPI reclaims 7,000 level after five sessions

South Korea\'s benchmark KOSPI climbed on Thursday, regaining the 7,000 level for the first time in five sessions on institutional buying. Improving sentiment was supported by easing gains in long-term U.S. yields and strength in semiconductor shares. Still, gains were limited as investors stayed cautious ahead of a domestic holiday and the release of U.S. September employment data. The won strengthened against the dollar.

Telecommunications & Media

Samsung raises U.S. Galaxy S26 prices by up to $200

Samsung has raised prices for its Galaxy S26 series on its U.S. website by at least $100, with increases of up to $200. Prices rose for the S26, S26+ and S26 Ultra, while the Galaxy S26 FE, released a month ago, was excluded. The 256GB Galaxy S26 now starts at $1,000, $200 higher than the same-capacity Galaxy S25. Reports cite worsening mobile profitability as a factor.

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.