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Korea's chip-led rally creates unexpected winners: farms, schools - The Korea Times

As Korea’s stock market barrels through record highs on the back of the semiconductor rally, the boom is creating an unlikely windfall that extends...

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koreatimes.co.krStai leggendo3 mesi fa

Korea's chip-led rally creates unexpected winners: farms, schools - The Korea Times

Samsung and SK hynix-led KOSPI surge pushed Korea's stock-transaction rural development tax to $14.6B — 47% above the government's own forecast. The windfall is accelerating calls to abolish Korea's earmarked tax model; financial firms currently pay a 1% education levy on earnings above 1T won, with receipts set to climb further.

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koreajoongangdaily.joins.com3 mesi fa

Kospi closes at another new peak thanks to extended chip rally

Korean stocks rose for the fourth consecutive session to close over the 8,200-point mark, a new peak, on Wednesday, driven by a strong rally by Samsung Electronics and SK hynix.

Korea's chip-led rally creates unexpected winners: farms, schools - The Korea Times

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Korea's chip-led rally creates unexpected winners: farms, schools - The Korea Times

Kospi closes at another new peak thanks to extended chip rally

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Korea's chip-led rally creates unexpected winners: farms, schools - The Korea Times

Korea's chip-led rally creates unexpected gains for farms, schools - The Korea Times

Kospi closes at another new peak thanks to extended chip rally