AGP Executive Report
Last update: 10 hours agoMarkets: South Korean shares swung sharply after Democrats’ U.S. midterm gains, with chipmakers weighing on the KOSPI amid concerns over AI spending and tighter data-center rules. Investment: Korea secured a record $2 billion in foreign investment pledges from seven companies, mainly for semiconductors, advanced materials and energy; about 97% is earmarked for regions outside the Seoul area. AI & Manufacturing: SK Group Chairman Chey Tae-won will lead the board of SK hynix’s U.S. AI arm, while Samyang’s chairman urged the company to embed AI across R&D. Energy & Shipping: Seoul is seeking parliamentary approval to expand the Cheonghae anti-piracy mission toward the Strait of Hormuz, adding patrol aircraft and other assets to help protect shipping. Industrial Expansion: Hanwha Aerospace has begun building its first European guided-rocket plant, in Poland, while Hyundai’s chief discussed EV cooperation with Türkiye’s president.
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