South Korea’s KOSPI peaked at 7,539 on Thursday, July 9, a acquire of almost 4% from Wednesday’s shut of seven,246.79. The rebound pulls the benchmark again above the brink that confirmed a bear market only a day earlier. Wednesday’s Plunge Set the Bear Market Trigger The rebound follows a brutal Wednesday session. The KOSPI fell…
South Korea’s Kospi index jumped as a lot as 2.7 p.c Monday. The tech-led rebound got here as Samsung Electronics and SK Hynix superior forward of carefully watched earnings. The index briefly traded above 8,300 factors earlier than easing barely in the direction of the 8,150 mark. Japan’s Nikkei 225 additionally broke above 70,000 factors….
The KOSPI sank beneath 8,000 on July 2. The drop pushed the Korea Exchange (KRX) to activate a sell-side sidecar inside minutes of the opening bell. The Korea Exchange suspended program buying and selling on KOSPI-listed shares for 5 minutes. Heavy promoting in semiconductor shares drove the transfer. The benchmark opened 4.46% decrease and stored…
South Korea’s KOSPI surged 112% in 2026, overtook the UK’s FTSE 100, and ranked as the world’s best-performing main index in 2025. Yet MSCI’s newest annual evaluation left the nation in its Emerging Markets class for an additional 12 months. MSCI CEO Henry Fernandez says South Korea’s economic system just isn’t the downside. Its foreign…
South Korea’s KOSPI surged greater than 5% on the open on June 25, pushing again above 8,900 from 8,400 the prior session. Micron Technology’s fiscal Q3 2026 outcomes, which nicely exceeded Wall Street expectations, drove the transfer. The Korea Exchange (KRX) activated a buy-side sidecar shortly after the open, suspending program buying and selling for…
South Korea’s KOSPI opened sharply increased on June 24 after the earlier session’s 10% crash, however the restoration rapidly ran out of steam. SK Hynix shed additional floor whereas Samsung held comparatively regular, and the index retreated towards the 8,300 degree. The preliminary bounce drew in retail and institutional discount hunters, however sellers returned quick….
Tether, the corporate behind USDT, filed seven trademark functions with the Korea Intellectual Property Rights Information Service (KIPRIS). Two of the marks, KRWT and WONTETHER, level to a doable Korean won-pegged stablecoin. The filings appeared within the KIPRIS database, with no public assertion from the corporate. Observers learn the 2 won-themed marks because the strongest…
Upbit, Korea’s largest crypto trade, fueled a surge of over 80% for RedStone (RED) on Friday, positioning it among the many high gainers on September 5. Token listings on fashionable exchanges are likely to trigger such reactions, much like how altcoin delistings trigger costs to tumble. Upbit Lists RED: What Users Need to Know The…
Korean retail buyers are dramatically reshaping US fairness markets. In August, they pulled a file $657 million from Tesla Inc. whereas concurrently pouring over $12 billion into US-listed cryptocurrency firms this yr. This alerts a elementary shift in funding preferences amongst certainly one of America’s most influential international retail bases, which is capturing Wall Avenue’s…