Asia-Pacific markets opened lower Thursday, with South Korea’s Kospi leading losses.
In Japan, the Nikkei 225 recovered 38 points, or 0.1%, to close Thursday’s session at 64,127.27.
In Hong Kong, the Hang Seng retreated 158.67 points, or 0.7%, to 24,429.29.
OpenAI CEO Sam Altman will be in South Korea next week to meet with Samsung’s executives on AI cooperation, according to a report on the Yonhap News Agency website that cited industry sources.
Altman, who is scheduled to visit Samsung’s office in the south of Seoul on Monday, will deliver a lecture on AI technologies and strategies for AI-driven workplace innovation, Yonhap reported.
This will be Altman’s first trip to the country in about eight months. In his last visit in October, he held separate meetings with Samsung Electronics Chairman Lee Jae-yong and SK Group Chairman Chey Tae-won.
Altman signed letters with both companies after the meetings to work on the development of core global AI infrastructure.
South Korean retail giant Coupang has reportedly been hit with a record fine of 624.7 billion won ($409 million U.S.) over a massive data breach and for the unauthorized collection of online user activities.
Korea’s Personal Information Protection Commission fined Coupang 423.58 billion won ($277 million) over a data breach that affected more than 37 million users last November, according to a report on the Yonhap News Agency website.
The company was also fined an additional 201.16 billion won for the unauthorized collection of online user activities.
In other markets;
In Shanghai, the CSI 300 index slid 26.18 points, or 0.6%, to 4,722.41.
In Taiwan, the Taiex ditched 76.08 points, or 0.2%, to 43,149.46
In Korea, the Kospi index gained 33.13 points, or 4.5%, to 7,730.82.
In Singapore, the Straits Times 50 index took on 29.25 points, or 0.6%, to 4,988.10.
In New Zealand, the NZX 50 lost 51.49 points, or 0.4%, to 13,202.16.
In Australia, the ASX dropped 20.04 points, or 0.2%, to 8,633.25.
