South Korea's KOSPI closed at 7,475.94 on July 10, 2026 after gaining 184.03 points or approximately 2.5 percent. Multiple Asian benchmarks advanced while Brent crude eased 0.3 percent to $76.07 per barrel. The session followed President Trump's statement that the Iran ceasefire agreement was over.
SK hynix began trading American depositary receipts on the Nasdaq on July 10. SK Group Chairman Chey Tae-won called the listing a historical moment and dream come true after the group's acquisition of hynix 15 years earlier and projected tens of billions of dollars in future AI investment. Multiple financial details reported by one outlet remain unverified.
The Supreme Court upheld a five-year prison term and 180 million won forfeiture for shaman Jeon Seong-bae and a 1.5-year term for Yun Young-ho in a bribery case involving luxury gifts routed to first lady Kim Keon-hee. A separate ruling confirmed a seven-year sentence for former President Yoon Suk Yeol on obstruction of justice charges tied to his December 2024 martial law declaration. Additional convictions include four years for Kim Keon-hee and two years for lawmaker Kweon Seong-dong.
SK Hynix will offer 177.9 million American Depositary Receipts on Nasdaq at $149 each to raise about 40 trillion won. The offering, backed by 22.5 million common shares and revised downward from an earlier target, is expected to fund semiconductor facilities in South Korea. All figures derive from a single primary source.