Corea del Sud

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Illustration of KOSPI stock market high amid semiconductor gains and US-Iran concerns
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Kospi opens at fresh high on chip rally amid us-iran woes

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South Korean stocks opened at a fresh record high on Monday, boosted by semiconductor gains even as concerns mounted over a potential breakdown in the US-Iran peace deal.

South Korea's exports jumped 43.7 percent from a year earlier in the first 10 days of May. Data from the Korea Customs Service showed outbound shipments reached 18.4 billion dollars.

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South Korea has signed a deal to export three more Chunmoo rocket launchers to Estonia. The agreement follows a long-term framework between the two countries.

Defense Minister Ahn Gyu-back will visit the United States next week to meet U.S. Defense Secretary Pete Hegseth. The allies plan to discuss wartime operational control transfer and other pending security issues.

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South Korea's Coast Guard seized two Chinese fishing boats near Baengnyeong Island on Saturday for illegal fishing in its waters. One Chinese sailor died during the operation after suffering cardiac arrest.

President Lee Jae Myung vowed on Friday to build a nation where the state shares the responsibility of parents and cares for their well-being in old age. He made the pledge in a Facebook post and at a ceremony in Seoul to mark Parents' Day.

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The historical drama film 'The King's Warden' scored major wins at the 62nd Baeksang Awards on Friday.

 

 

 

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