-
Samsung Q1 profit set to rival full-year earnings on AI chip boom
SEOUL, April 06 (AJP) - Samsung Electronics is poised to deliver its strongest quarterly reports to date with January-March operating profit expected to approach or exceed full-year earnings for 2025, underscoring the sheer scale of the ongoing memory super-cycle driven by artificial intelligence demand. According to market consensus compiled by FnGuide, the South Korean tech giant is projected to post an a
-
BOK to stay on hold this week, but faces looming inflation test
SEOUL, April 6 (AJP) — There is little doubt the Bank of Korea will hold its base rate at 2.5 percent at Thursday’s rate-setting meeting, but how long the pause lasts will be closely watched as Gulf-driven import inflation builds the case for at least one hike down the line. The post-meeting narrative is also unlikely to surprise, as this will be the last meeting under Governor Rhee Chang-yong be
-
Seoul in a bind as Tehran imposes selective screening for Hormuz access
SEOUL, April 06 (AJP) - Iran is allowing a trickle of vessels through the Strait of Hormuz under a selective access regime, with ships linked to "friendly" nations securing passage while South Korean tankers remain stranded, exposing Seoul's limited leverage in the deepening energy crisis. At least 15 ships transited the chokepoint over the past 24 hours with prior authorization from Tehran, a f