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Finance
KOSPI rebounds 1 percent, recovers 6,750 despite foreigners\' 2.885 trillion won net selling
South Korea\'s KOSPI rebounded despite heavy foreign selling, supported by buying from retail investors and institutions. The benchmark index rose 0.97 percent to 6,755.75 after giving up early gains and sliding as low as 6,557.39 before recovering in afternoon trade. Retail investors bought 1.98 trillion won net and institutions 862.3 billion won net, while foreigners sold 2.885 trillion won net. The Kosdaq climbed 2.22 percent.
Industry
Musk says Tesla to open-source Model S and X; doubts raised on scope after Roadster precedent
Tesla CEO Elon Musk said the company would open-source the Model S and Model X, but questions are being raised over how much will actually be released, citing the earlier disclosure of the original Roadster. Only a small set of files and documents was published, with key design and firmware materials omitted. Licensing terms also drew criticism for lacking standard open-source permissions. Industry watchers are focused on whether a similar approach will be repeated for Model S and X.
Industry
Battery data becomes shield as recourse claims open in EV fire compensation
South Korea began an \"EV Fire Peace-of-Mind Insurance\" scheme in July that compensates damage before the cause is determined. Policy terms allow insurers to seek recourse from vehicle owners or drivers, manufacturers including parts makers, importers, charging-facility owners or managers, or other liable third parties once fault is confirmed. Battery makers are excluded from insured parties and premiums, but can face claims if defects are found or if losses exceed coverage limits.
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AI & Enterprise
KAIST, Nvidia to set up physical AI technology centre to develop human motion model
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Industry
SK $500 billion, Samsung $200 billion: global AI deals unveiled
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AI & Enterprise
South Korea forms $9,500 billion AI alliance with global big tech, seeks 5 GW AI data centres
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Industry
South Korea\'s President Lee, business leaders meet in San Francisco to reshape AI supply chain
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Industry
Saemangeum to become physical AI, robotics hub; Han PM says Hyundai Motor investment begins new direction
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Industry
\"No one has done it yet\": Musk outlines Optimus\' toughest hurdles
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Finance
KOSPI falls below 7,000 again; sidecars triggered in both markets
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Finance
KOSPI, KOSDAQ slide over 5 percent trigger sidecar for 10th straight day
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Industry
Alibaba affiliate Amap upgrades ABot integrated AI linking robots\' brain, hands and feet
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AI & Enterprise
OpenAI to hold AI hackathon for social welfare field using ChatGPT Work
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Finance
KOSPI recovers 7,000 as foreigners buy 5 trillion won in four sessions
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Industry
Hyundai Motor design patent for \'Boulder\' off-road SUV revealed in India
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Crypto
U.S. CLARITY Act gains momentum, bitcoin stretches higher
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Finance
KOSPI fails to reclaim 7,000 level; Kosdaq falls
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Industry
Samsung, SK and Naver chiefs to meet Nvidia\'s Jensen Huang in Silicon Valley this week