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Telecommunications & Media

South Korea government, 3 telecoms to recycle critical minerals from scrapped network equipment

South Korea\'s government and the country\'s three mobile carriers will cooperate to promote domestic circulation and reuse of rare earths and other critical minerals contained in scrapped telecommunications equipment. The Ministry of Science and ICT and the climate ministry signed an agreement on June 11 with SK Telecom, KT, LG Uplus, KCA and the Korea Environment Corporation. A pilot project will track disposal and distribution flows and support automation, facilities, and guidelines.

Crypto

Crypto ties account for 40 percent of U.S. CEO delegation joining Trump\'s China visit

About 40 percent of the U.S. CEO delegation accompanying President Donald Trump on his China visit is directly or indirectly linked to cryptocurrency businesses, a report said. Trump is expected to visit Beijing this week with about 17 executives to meet President Xi Jinping, with the trip set for May 13 to 15. The delegation spans technology, finance, aerospace and agriculture, while attention focuses on firms tied to digital assets and related market implications.

Finance

Will KOSPI\'s relentless run continue? US-China summit, chip-stock concentration in focus

South Korean stocks this week are expected to look for direction while watching U.S. inflation indicators, a U.S.-China leaders’ summit and earnings momentum centered on semiconductors. The KOSPI is nearing 7,500 and extending record-high territory. The index rose 13.5 percent last week as chip shares jumped more than 24 percent, while the KOSDAQ gained 0.6 percent. Investors are weighing further upside against near-term overheating risks.