Kospi seen falling short of record high in 2024
South Korea's Kospi is unlikely to hit its record high in 2024 due to high interest rates and economic pressure.
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Naver Operating Profit Falls Slightly
Naver operating profit falls slightly due to increased investments in artificial intelligence infrastructure, despite rising sales and net profit.
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Korea Posts Record Current Account Surplus
Korea posts record current account surplus of $49.7 billion in June, driven by strong exports and record highs.
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A2Z to supply UAE with self-driving tech in $7.7mn deal
South Korea's Autonomous A2Z secures a $7.7mn deal to supply self-driving tech to the UAE, boosting smart mobility in the Middle East.
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Samsung and LG vie for heat pump dominance
Samsung and LG intensify push into South Korea's residential heat pump market to offset slowing sales of traditional home appliances with heat pumps.
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Korea’s Output, Consumption, Capex Triple in June
South Korea economic growth data for June shows output, consumption, and capex surging for the first time in three months, ending a slump.
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Korea hits 1 million electric vehicles
Korea hits 1 million electric vehicles, marking a rapid shift toward greener transportation with ev registrations surging.
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