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South Korean economic performance

6 eventsActive since 23 Oct 2026Updated 23 Oct 2026Economic
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economic23 Oct 2026

LG Display Q3 2026 Earnings Report

LG Display released its Q3 2026 earnings report in South Korea.

economic23 Oct 2026

SK Hynix Cancels Solidigm US IPO Plan After Regulatory and Shareholder Opposition

SK Hynix canceled plans for a $10 billion US initial public offering of its Solidigm unit following regulatory and shareholder opposition regarding the potential dilution of parent company share value. The decision was influenced by the Financial Services Commission and Financial Supervisory Service, which identified the move as a prohibited duplicate listing amidst a broader government effort to address the 'Korea discount' and improve corporate governance. Consequently, SK Hynix shares recovered from an early 4.3% decline to close 4.4% higher, serving as the primary driver for the Kospi index’s 0.30% gain despite a broader market sell-off.

political23 Oct 2026

South Korean study compares environmental impact of paper and plastic straws

A government-commissioned study from South Korea’s Ministry of Climate, Energy and Environment examined the environmental impact of paper versus plastic straws. Released by opposition People Power Party lawmaker Kim Wi-sang, the report indicated that paper straws produced 6.33 times the carcinogenic impact of plastic straws across their entire life cycle. This findings shifted the focus of the ongoing debate regarding whether substituting materials effectively reduces environmental waste.

economic23 Oct 2026

South Korean economic growth likely rose in Q3 due to chip exports

South Korea's GDP growth in the third quarter was projected to reach 0.7%, a slight increase from the 0.6% growth recorded in the second quarter, according to a Reuters poll of 16 economists. This economic activity was primarily driven by a surge in semiconductor exports, which rose 262.8% to $60.3 billion in September and accounted for nearly half of the country's total shipments. While the chip industry bolstered GDP, the Bank of Korea maintained its benchmark interest rate at 3.00% as domestic consumption remained hampered by high borrowing costs, elevated household debt, and a structurally weakening labor market.

economic23 Oct 2026

SK Hynix stock price declines

The stock price of SK Hynix declined. This event occurred in South Korea.

economic22 Oct 2026

South Korean Stock Market Expected To Decline Due To Tech Sector Performance

The South Korean stock market finished lower in two of the three trading days following a two-day winning streak. The KOSPI index sat just above the 5,740-point plateau.

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