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Wall Street Sees Opportunity in Chip Stocks After Sharp Selloff

Wall Street Sees Opportunity in Chip Stocks After Sharp Selloff

Financial market analysis displayed on a screen a hand points to key data stock market trends investment strategy A sharp selloff in semiconductor stocks has prompted a growing number of Wall Street analysts to argue that the recent weakness may offer an attractive buying opportunity, although some caution that the sector could face further declines before a sustained recovery begins,

Jul 21 2026
01:00 PM PST
South Korea Says Saving Borrowers Matters More Than Eliminating Every Moral Hazard

South Korea Says Saving Borrowers Matters More Than Eliminating Every Moral Hazard

Photo=Motionelements South Korea is reshaping its approach to household debt around a principle that would have been difficult to imagine in one of Asia's most credit-conscious economies: preventing financial collapse has become a higher priority than ensuring every borrower repays every loan. The government's message is increasingly clear. Its objective is not simply to collect debt. It is to build

Jul 21 2026
01:00 PM PST
South Korea’s Chip Boom Is Creating Profits Faster Than Jobs

South Korea’s Chip Boom Is Creating Profits Faster Than Jobs

Photo=Motionelements South Korea's semiconductor industry is enjoying one of its strongest recoveries in years. Artificial-intelligence spending has fueled an unprecedented surge in demand for advanced memory chips, lifting revenues and profits at the country's leading chipmakers. Yet one outcome many expected has failed to materialize: a comparable increase in hiring. The contrast is becoming one of the defining characteristics of

Jul 21 2026
12:00 PM PST
South Korea Seeks Higher Casino Levy as Industry Warns of Competitive Fallout

South Korea Seeks Higher Casino Levy as Industry Warns of Competitive Fallout

Photo=Motionelements South Korea is moving to overhaul its three-decade-old levy system for foreigner-only casinos, with the government proposing legislation on July 21 that would raise the legal ceiling on mandatory contributions to the Tourism Promotion and Development Fund from 10% to 15% of gross gaming revenue, a move that operators say could erode profitability and weaken the country's position in

Jul 21 2026
11:00 AM PST
South Korea Wants an AI Industry That Can Survive Without America or China

South Korea Wants an AI Industry That Can Survive Without America or China

(Photo=Bae Kyounghun facebook) South Korea is preparing to spend billions of dollars to develop a frontier artificial intelligence model, betting that access to the world’s most powerful AI systems may eventually be determined by governments rather than customers. The plan reflects a growing concern in Seoul that the country’s dependence on American and Chinese technology could become an economic and

Jul 21 2026
09:00 AM PST