Yonhap News Summary
The following is the second summary of major stories moved by Yonhap News Agency...
South Korean shares jumped more than 6 percent on Wednesday due to renewed optimism surrounding artificial intelligence, driven by SK hynix's record quarterly earnings and plans for additional shareholder returns. The Korean currency, the won, weakened against the U.S. dollar. The KOSPI index surged 374.1 points, or 6.63 percent, to close at 6,012.44.
Defense chiefs from South Korea and the United States convened in the Philippines for discussions on transferring operational control (OPCON) during wartime, with the talks focused on resolving disagreements about the transition timeline. The meeting included Defense Minister Kang Shin-chul and U.S. Defense Secretary Pete Hegseth, taking place in Cebu, the host city for the ASEAN Defense Ministers Meeting (ADMM) Plus.
The Korean Broadcasting and Telecommunications regulator imposed a combined fine of 63.7 billion won (US$45 million) on Google and Apple for restricting app developers' payment options within their in-app policies, violating the Telecommunications Business Act. Google was fined 42.9 billion won, while Apple was penalized 20.81 billion won.
Written by urgent.news from Yonhap News's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
This story
This is one outlet's version. Read the fullest account.
- Yonhap News Summary en.yna.co.kr
