South Korea — Page 3

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SK Hynix's South Korean shares surge over 12% on stock buyback

SK Hynix shares jumped more than 12% in Seoul after the company accelerated a large share repurchase and cancellation program aimed at boosting returns. The announcement came as rival Samsung Electronics saw its stock drop following a shareholder payout plan that analysts described as falling short of expectations. Both firms outlined substantial capital returns amid strong demand for memory chips used in artificial intelligence.

4 outlets · 4 articles 5d ago

South Korean container ship will test Arctic route to Europe amid Western concern

South Korea has launched its first commercial container ship voyage through the Arctic, testing the route's viability as Middle East conflict disrupts traditional shipping lanes. The PanStar Acro, carrying 837 TEUs of cargo, is expected to take about 45 days to reach European ports, but the trip has sparked environmental and geopolitical concerns, including potential friction with Western allies over Russia's role.

8 outlets · 10 articles 5d ago

Chinese foreign minister to visit South Korea, Indonesia

China's Foreign Minister Wang Yi will visit South Korea and Indonesia in late August for a series of high-level diplomatic engagements, including the first China-Indonesia Comprehensive Strategic Dialogue and the second 2+2 Ministerial Dialogue. The visits, announced by the Chinese Foreign Ministry, come as both Indonesia and China seek to deepen cooperation on security, maritime affairs, and regional issues.

2 outlets · 2 articles 6d ago

Trump would like to meet with Kim Jong Un this autumn — WSJ

President Donald Trump has instructed aides to arrange a summit with North Korean leader Kim Jong-un this autumn, possibly during the APEC summit in Shenzhen in November, according to The Wall Street Journal. South Korean and U.S. diplomats held talks reaffirming close coordination on the North's nuclear issue, though neither side's readout mentioned denuclearization, amid concerns about Trump's approach.

6 outlets · 11 articles 6d ago

SpaceX rocket leaves moon crater wider than NBA basketball court

NASA's Lunar Reconnaissance Orbiter has captured images of a crater on the Moon created by the impact of a SpaceX Falcon 9 rocket upper stage on August 5. The crater's size is described differently by various estimates, highlighting the challenges of measuring lunar features. The crash, which was not intentional, has drawn attention to the growing issue of space debris and its effects on the lunar surface.

3 outlets · 3 articles 6d ago