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(LEAD) Seoul shares close at new high on tech rally amid AI optimism

South Korean stocks closed at a fresh record high above the 8,800-point level on Tuesday, driven by continued optimism over artificial intelligence and strong gains in chipmakers. The KOSPI added 13.11 points to end at 8,801.49, while the local currency fell sharply against the U.S. dollar. The rally comes amid a global AI-driven surge that has also lifted Japan's Nikkei above 68,000 for the first time.

2 outlets · 11 articles Jun 1

Trump, Sharaa hold phone call, discuss lifting sanctions, importance of 'prioritizing diplomacy'

US President Donald Trump and Syrian President Ahmed al-Sharaa held a phone call covering bilateral relations, the lifting of remaining US sanctions on Syria, and regional security. Sharaa emphasized sanctions relief as essential for economic revival, while Trump reiterated support for stability and reconstruction. Trump also confirmed that special envoy Tom Barrack will retain his Syria role.

3 outlets · 3 articles May 31