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  • Polarization deepens as two chip giants dominate KOSPI Polarization deepens as two chip giants dominate KOSPI SEOUL, April 22 (AJP) - Samsung Electronics and SK Hynix now dominate South Korea's stock market, buoyed by operating profits reaching unprecedented levels, while other companies are increasingly being left behind. The two tech giants account for about 67 percent or 137.3 trillion Korean won of first-quarter operating profits among South Korean companies overall.
  • KOSPI, Nikkei hit fresh record highs despite US-Iran talks on hold KOSPI, Nikkei hit fresh record highs despite US-Iran talks on hold SEOUL, April 22 (AJP) - Asian markets mostly closed higher on Wednesday, with South Korea's benchmark KOSPI closing above the 6,400 mark for the first time, despite fresh uncertainties over the prolonged conflict in the Middle East after another round of talks between the U.S. and Iran was postponed indefinitely.
  • How a single remark exposed deeper fault lines in U.S.–South Korea relation How a single remark exposed deeper fault lines in U.S.–South Korea relation SEOUL, April 22 (AJP) - When South Korean Unification Minister Chung Dong-young told lawmakers in March that North Korea was operating uranium enrichment facilities in Yongbyon, Kangson and Kusong, he intended to highlight the growing sophistication of its nuclear program. Instead, his remarks triggered a rare intelligence dispute with Washington.
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