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South Korea finance minister vows response to financial market volatility

South Korea finance minister vows response to financial market volatility SEOUL, June 4 : South Korea's finance minister said on Thursday authorities would closely monitor risks around domestic stock, bond and foreign exchange markets and take measures to curb excessive volatility. "Minister Koo Yun-cheol emphasised he will immediately take necessary measures to respond to excessive herd-like behaviour (in the foreign exchange market)," the ministry said in a statement after a meeting of top...

Channel News Asia 6d ago

Samsung, LG shares rally ahead of Nvidia CEO meetings with Korean executives

Samsung, LG shares rally ahead of Nvidia CEO meetings with Korean executives SEOUL, June 1 : Shares in Samsung Electronics, LG Electronics and other South Korean tech firms rallied on Monday, as expected meetings between Nvidia CEO Jensen Huang and Korean executives boosted hopes of tie-ups in AI and robotics. Huang is expected to visit South Korea later this week and meet LG Group Chairman Koo Kwang-mo and other Korean executives, a person with knowledge of the matter said. Nvidia also...

Channel News Asia 9d ago

Nvidia CEO says company is working with LG on humanoid robots and data centers

Nvidia CEO says company is working with LG on humanoid robots and data centers SEOUL, June 8 : Nvidia CEO Jensen Huang said on Monday that it is partnering with South Korea's tech conglomerate LG Group on humanoid robots and data centers. "We are working with them in motor technology as well as mechanical systems so that we can bring together humanoid robotics and the future of robotics," he told reporters after a meeting with LG Group Chairman Koo Kwang-mo in Seoul. "We're also working with...

Channel News Asia 2d ago

Generation AI: Schools in Asia are embracing artificial intelligence

The schools in Asia embracing artificial intelligence in classrooms Sun 31 May 2026 at 5:12am Anaiya Singhvi loves school, but she often finds chemistry tough going. "It's kind of hard to visualise in real life since it's about molecules and atoms," the Singapore-based secondary school student said. "I've been using AI to help me with that."

ABC Australia 10d ago

LG shares rally on hopes for AI, robot cooperation with Nvidia, media says

LG shares rally on hopes for AI, robot cooperation with Nvidia, media says SEOUL, June 1 : Shares in South Korea's LG Electronics and some affiliates rose sharply in Monday morning trade, on investor hopes for expanded cooperation in physical AI and robotics with Nvidia, according to media reports. Shares in LG Electronics rose 28 per cent, while LG CNS and holding company LG Corp rose 25 per cent and 21 per cent, respectively, in morning trade. "The stock prices of LG Group companies have...

Channel News Asia 9d ago

Nvidia CEO says robotics is South Korea's next big sector, points to 'some suprises'

Nvidia CEO says robotics is South Korea's next big sector, points to 'some suprises' SEOUL: Nvidia CEO Jensen Huang on Friday (Jun 5) said robotics will be South Korea's next major sector, as he arrived for his second visit in seven months, underscoring deepening ties with local firms in not only chips but also robotics and AI factories. "Because Korea is a manufacturing centre of the world, we can apply the robotics technology, the physical AI technology that we invent here for the...

Channel News Asia 5d ago

2 Taiwan air force pilots die in T-34C crash, spurring probe and debate over aircraft

2 Taiwan air force pilots die in T-34C crash, spurring probe and debate over aircraft Lieutenant Colonel Kuo Chun-nan and Lieutenant Colonel Lu Chi-yu were killed when aircraft went down at Gangshan Air Base A Taiwanese air force aircraft crashed during a training mission on Tuesday, killing two experienced pilots and prompting renewed scrutiny of the island’s ageing fleet of T-34 basic trainers. Both pilots on board, Lieutenant Colonel Kuo Chun-nan and Lieutenant Colonel Lu Chi-yu, were...

South China Morning Post 8d ago

Hong Kong debuts Comic Con as city bets on pop culture tourism

Hong Kong debuts Comic Con as city bets on pop culture tourism The convention attracted a diverse crowd of enthusiasts, many arriving in elaborate costumes inspired by their favourite characters. Thousands of fans from Hong Kong and abroad flocked to the city’s first-ever Comic Con over the weekend, marking a major milestone in its efforts to tap the growing popularity of anime, comics and pop culture tourism. The convention attracted a diverse crowd of enthusiasts, many arriving in...

Channel News Asia 9d ago

Take a look inside Victoria's oldest active timber church turning 170

Anglican church at Tarraville a marvel of 19th-century timber construction Sun 7 Jun 2026 at 7:59am Tarraville's Christ Church, built in 1856, stands as one of the last remaining public monuments to a once-thriving frontier seaport town. Architecturally unique, the Anglican church features a rectangular timber Victorian gothic revival design and is a rare surviving example of drop-slab construction. Its congregation is celebrating the church's 170th anniversary and the work that has gone...

ABC Australia 3d ago