SK Hynix surpasses Samsung as South Korea's most valuable company
AI boom mints a new market cap leader for first time since 2000
· Staff Writer
Follow the story
Business & Economy
A focused view of neutral reporting on Business & Economy, brought together across publishers.
Explore all topics →
Neutral reports only
Newest first · UTC+11:00Vietnam cosmetics startup targets China's $27bn market
Cocovie’s coconut-based skincare products are displayed at a retail store in Ho Chi Minh City. (Photo by Lien Hoang)
· LIEN HOANG
EasyJet rejects £4.7bn takeover offer from US investment firm
EasyJet has rejected a takeover offer worth £4.74bn from US investment firm Castlelake, describing the bid approach as "highly opportunistic".
· Faarea Masud
Manus on Markets: Iran talks hopeful but Hormuz uncertain | The National
From tariff turmoil and stock shocks to market meltdowns, the global financial system has never been in such flux.
· Manus Cranny
South Korea’s ex-justice minister jailed for 25 years over martial law bid
Park met justice ministry officials and checked on prison capacity for holding critics in the early hours of martial law, prosecutors said
· Agence France-Presse
Yen continues to test fresh lows as Nikkei 225 hits new highs
The yen traded comfortably in intervention territory on Monday and was met only by lukewarm verbal pushback, and then silence, as it crawled within a few tenths of a yen of a multidecade low.
· Kazuaki Nagata
While the world scrambles for oil, China sits on full tanks
While the United States and Iran haggle over reopening the Strait of Hormuz and restoring oil exports from the Persian Gulf, China, the world’s largest oil importer, is not expected to quickly ramp up purchases from the region.
· Keith Bradsher
(LEAD) SK hynix beats Samsung Electronics in market cap to become most valuable company
(ATTN: RECASTS headline, lead; ADDS more info throughout)
· Kim Han-joo
China’s jobless rate for youngest working group edges down in May amid economic strains
The 16-to-24 demographic, excluding students, is struggling to catch a break in job pursuits, while external wars and geopolitical strife make matters worse
· Xinyi Wu
China’s jobless rate for youngest working group edges down in May amid economic strains
The 16-to-24 demographic, excluding students, is struggling to catch a break in job pursuits, while external wars and geopolitical strife make matters worse
· Xinyi Wu
Seoul seeks swift transfer of captured N. Korean soldiers from Ukraine
Since 2017, I have covered South Korea’s political and economic landscape as a reporter, with a focus on foreign affairs, inter-Korean relations and security.As a foreign affairs reporter, I closely follow developments from the Ministry of Unification, the Foreign Ministry and the Defense Ministry, tracking shifts i…
· Jung Min-kyung
Govt. to provide trade secret certification for startup program applicants following data leak
The Ministry of SMEs and Startups said Monday it will provide trade secret original certification services to applicants of a government-backed startup program to help safeguard their business ideas following a major data leak.
· Yonhap
King River moves to wake sleeping WA Murchison goldfield
It is often said that some of the best real estate for finding gold is right next door to where it has already been discovered. Better still is to look beneath an old mine or rummage through the waste piles left behind by old-timers who chased only the richest ore in a far lower gold price environment.
· Doug Bright
Anduril Industries explores Israel entry as defense-tech expansion accelerates
Innovative US military technology company Anduril Industries, which raised money recently at a $61 billion valuation, is currently meeting with a number of senior officials in Israel to establish a local operation that will deal with sales to the Ministry of Defense and R&D for its global products, "Globes" has lear…
· ASSAF GILEAD/GLOBES/TNS
S. Korean, Indian FMs to discuss economy, AI, defense ties this week
Foreign Minister Cho Hyun plans to meet his Indian counterpart in Seoul this week to discuss ways to enhance bilateral cooperation in the economy, defense, artificial intelligence and other key areas, Seoul's foreign ministry said Monday.
· Yonhap
Why more South Koreans are becoming ‘full-time children’
Young adults trade housework for support as independence grows harder
· Choi Jeong-yoon
Watchdog chief expresses concerns over overheated single-stock leveraged ETF trading
The chief of the country's financial watchdog said Monday that the newly introduced single-stock leveraged exchange-traded funds has been generating many side effects, and his agency is drawing up measures to protect investors.
· Yonhap
PM heads to China for Summer Davos Forum, meetings with senior Chinese officials
SEOUL, June 22 (Yonhap) -- Prime Minister Kim Min-seok left for China on Monday for a World Economic Forum (WEF) meeting in the coastal city of Dalian, as well as meetings with senior Chinese officials in Beijing.
· CHANG JAE SUN
Gov't to provide trade secret certification for startup program applicants following data leak
SEOUL, June 22 (Yonhap) -- The Ministry of SMEs and Startups said Monday it will provide trade secret original certification services to applicants of a government-backed startup program to help safeguard their business ideas following a major data leak.
· Kim Eun-jung
Toss Bank partners with Solana Foundation on blockchain remittances
Toss Bank said Monday it signed a memorandum of understanding with the Solana Foundation to explore blockchain-based financial infrastructure, becoming the first South Korean internet-only bank to partner with the organization behind the Solana network.
· Lee Han-gyoul
AirAsia to bring back suspended flights by September as fuel costs ease
An AirAsia plane is towed at Kuala Lumpur International Airport. (Photo by Norman Goh)
· NORMAN GOH
China defends role in global supply chains amid Strait of Hormuz crisis
Beijing warns against using the “China shock” narrative to justify protectionist measures and also calls for an open global energy market
· Ji Siqi
China defends role in global supply chains amid Strait of Hormuz crisis
Beijing warns against using the “China shock” narrative to justify protectionist measures and also calls for an open global energy market
· Ji Siqi
China to back ‘qualified’ foreign firms for listing on domestic markets
Government says foreign-funded companies would be aided in domestic listings, as well as mergers and acquisitions
· Frank Tang
China to back ‘qualified’ foreign firms for listing on domestic markets
Government says foreign-funded companies would be aided in domestic listings, as well as mergers and acquisitions
· Frank Tang
S. Korean, Indian FMs to discuss economy, AI, defense ties this week
SEOUL, June 22 (Yonhap) -- Foreign Minister Cho Hyun plans to meet his Indian counterpart in Seoul this week to discuss ways to enhance bilateral cooperation in the economy, defense, artificial intelligence (AI) and other key areas, Seoul's foreign ministry said Monday.
· Oh Seok-min
Lindian lines up first blast at Malawian rare earths mine
Lindian Resources is rapidly transforming its giant Kangankunde project in Malawi from a construction site into an operating rare earths mine, with key milestones now ticked off, bringing it to the final run before commissioning and production.
· Penny Taylor
State-owned power company sued for $1 billion over troubled coal-fired power station
The foreign investment firm which owns half of a troubled central Queensland coal-fired power station has sued its state-owned partner for more than a billion dollars.
· Julius Dennis
'Tail wagging the dog': FSS chief warns on leveraged ETF boom
Lee Chan-jin signals possible curbs on leveraged ETFs and new safeguards for overseas investment products after SpaceX allocation fallout
· Choi Yeon-jae
Watchdog chief expresses concerns over overheated single-stock leveraged ETF trading
SEOUL, June 22 (Yonhap) -- The chief of the country's financial watchdog said Monday that the newly introduced single-stock leveraged exchange-traded funds (ETFs) has been generating many side effects, and his agency is drawing up measures to protect investors.
· Park Sang-soo
Marcos inspects Metro Cebu Expressway project in Naga City
President Ferdinand Marcos Jr. inspected the construction of the 4.55-kilometer Metro Cebu Expressway Segment 3A in Barangay Cantao-an in Naga City on Monday, June 22, 2026. The President was joined by Public Works and Highways Secretary Vince Dizon, Trade and Industry Secretary Ma. Cristina Roque and Cebu Governor …
· The Manila Times
‘Low-hanging fruit’: New deal lets neighbours trade excess solar power
Households with excess rooftop solar are selling cheap power to other homes and small businesses directly, beating the dwindling feed-in tariffs offered by retailers and delivering savings to non-solar consumers.
· Caitlin Fitzsimmons
From curry houses to car makers British businesses under the weight of Brexit's unfulfilled promises
Some business leaders express frustration and discontent a decade after Britain voted to leave the European Union in 2016.
· Danica Kirka
Hongkongers aim for self-sufficiency in old age, but survey finds ‘clear readiness gap’
90 per cent say financial independence a priority, but only 52 per cent investing to fund retirement and care needs
· Cheryl Arcibal
Hongkongers aim for self-sufficiency in old age, but survey finds ‘clear readiness gap’
90 per cent say financial independence a priority, but only 52 per cent investing to fund retirement and care needs
· Cheryl Arcibal
AI boom lifts SK hynix above Samsung in market value
SK hynix briefly overtook Samsung Electronics as South Korea's most valuable listed company in intraday trading Monday, challenging Samsung's long-held dominance of the stock market for the first time in nearly 26 years.
· Jie Ye-eun
2 South Korean-linked vessels clear Strait of Hormuz after US-Iran deal
Since 2017, I have covered South Korea’s political and economic landscape as a reporter, with a focus on foreign affairs, inter-Korean relations and security.As a foreign affairs reporter, I closely follow developments from the Ministry of Unification, the Foreign Ministry and the Defense Ministry, tracking shifts i…
· Jung Min-kyung
Fuel prices set for big rollback on June 23
Already have Rappler+? Sign in to listen to groundbreaking journalism.
· gdecastro0289
Gateway nails high-grade gold in new WA Yandal discovery
Gateway Mining has bagged a new high-grade gold discovery at its sprawling Yandal gold project in Western Australia, with maiden drilling at its Cowza prospect hitting a previously untested and highly prospective geological contact.
· Murray Ward
[Finterest] Bangko Sentral lifts freeze on digital transfer fee hikes. Will prices rise?
Already have Rappler+? Sign in to listen to groundbreaking journalism.
· gdecastro0289
SK hynix beats Samsung Electronics in market cap
SK hynix has surpassed Samsung Electronics in terms of market capitalization for the first time, the bourse operator said Monday.
· Yonhap
SK hynix beats Samsung Electronics in market cap
SEOUL, June 22 (Yonhap) -- SK hynix Inc. has surpassed Samsung Electronics Co. in terms of market capitalization for the first time, the bourse operator said Monday.
· Kang Yoon-seung
Woori chief pitches growth strategy in Japan, Taiwan
Woori Financial Group said Monday that Chairman Yim Jong-yong will visit Japan and Taiwan this week for an investor-relations campaign to expand its global shareholder base and highlight the group's growth strategy and shareholder return policy.
· Jeon Ji-woo
Rebuilding the Middle East requires not just investment but also financial architecture | The National
Reconstruction debates usually begin with a funding question: how much money is needed, and who will provide it?
· Nasser Saidi
China blocks dual-use exports to US defense companies in new sanctions
The U.S. and Chinese flag at the Great Hall of the People prior to the state dinner of President Donald Trump and Chinese President Xi Jinping on May 14, 2026, in Beijing. (AP Photo/Mark Schiefelbein, File)
(URGENT) SK hynix beats Samsung Electronics in market cap
Facebook X More Pinterest Linked in Tumblr Reddit Facebook Messenger Copy URL URL is copied. OK
· Kang Yoon-seung
China imposes trade curbs on dozens of U.S. firms in retaliation for Pentagon blacklist
China imposed fresh trade restrictions on dozens of U.S. entities on Monday, retaliating against Washington's move to add more Chinese companies to a Pentagon list of businesses it accuses of aiding Beijing's military.
· Anniek Bao
Qatar gas plant blast leaves 54 injured and 18 missing | The National
A total of 54 people have been injured and 18 are missing after an explosion occurred at a factory in Qatar's Ras Laffan Industrial City.
· The National
S. Korea identifying country-specific post-war reconstruction needs in Middle East: FM
SEOUL, June 22 (Yonhap) -- The Seoul government has established a task force to identify country-specific cooperation needs across the Middle East to support South Korean companies' participation in post-conflict reconstruction efforts, Foreign Minister Cho Hyun said Monday.
· Oh Seok-min