Foreigners dump W20.3tr in Korean stocks; Stray Kids joins BTS in Grammy boycott
Foreign investors sold a net 20.3 trillion won of Korean stocks, led by SK hynix and Samsung Electronics, while K-pop's Stray Kids joined BTS in boycotting the Grammys over its Asian pop category. Korean content makers, meanwhile, are turning back to office-set stories, with a new Netflix K-drama rom-com among the releases.
Markets & chips
Korean markets & the won
The selling was concentrated in Korea's two largest semiconductor names, SK hynix and Samsung Electronics, according to the report.
Foreign investors sold a net 20.3 trillion won of Korean stocks, with SK hynix and Samsung Electronics leading the outflow, The Korea Herald reported.
Business of culture
K-pop agencies
Stray Kids has joined BTS in boycotting the Grammys over the awards' Asian pop category, The Korea Times reported.
K-drama, film, webtoons & streaming
Korean content is returning to workplace settings, with office-based stories spanning characters from a lottery winner to a CEO and an intern, alongside a new Netflix romantic comedy.
Office settings are returning as a theme in Korean content, with stories featuring a lottery winner, a CEO and an intern, The Korea Times reported.
A new Netflix Korean romantic-comedy drama is described as a recharge for a world running on empty, The Korea Herald reported.