Seoul, April 10 – Seoul shares continued their gains on Friday morning, mirroring overnight advances on Wall Street, fueled by optimism surrounding upcoming negotiations between the United States and Iran following their two-week ceasefire agreement in the Middle East conflict.The benchmark...
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Seoul, April 8 – South Korean stocks surged on Wednesday morning as the United States and Iran reached an agreement on a two-week ceasefire and the reopening of the Strait of Hormuz.The benchmark Korea Composite Stock Price Index (KOSPI) rose 326.12 points, or 5.94 percent, to 5,820.9 as of...
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Seoul, March 31 – The South Korean currency plummeted sharply to a 17-year low against the US dollar on Tuesday, as the escalating Middle East conflict fueled fears of further disruptions to global oil supplies and broader economic impacts.The won was quoted at 1,530.1 won per dollar, down...
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South Korean Stocks Plunge Over 5% as Strait of Hormuz Tensions Trigger Market Shock
KOSPI Sees Sharp Selloff Amid Rising Geopolitical Risks
Seoul, March 23: South Korean equities witnessed a steep decline on Monday morning, with the benchmark Korea Composite Stock Price Index (KOSPI) falling...
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South Korean Stock Market Today: KOSPI Trims Gains as Tech Stocks Weigh Under Foreign Selling
Seoul, March 20: South Korean equities pared early gains on Friday morning, with the benchmark KOSPI index turning volatile as heavyweight technology stocks came under pressure due to sustained foreign...
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South Korea Auto Exports Drop 20.8% in February Amid Fewer Working Days
Export Decline Linked to Lunar New Year Slowdown
Seoul, March 18: South Korea’s automobile exports declined sharply by 20.8 percent year-on-year in February, primarily due to a reduced number of working days during the Lunar...
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South Korean Won Falls Past 1,500 per Dollar for First Time in 17 Years as Oil Prices Surge
Currency Weakens Amid Middle East Conflict and Rising Crude Prices
The South Korean won weakened sharply on Monday, slipping past the 1,500 per dollar mark for the first time in 17 years, as rising global...
Seoul Shares Plunge Over 8 Percent as Middle East Conflict Rattles Markets
KOSPI Extends Losses Following Sharp Previous Session Decline
Seoul, March 4: South Korean equities deepened their slide late Wednesday morning, with the benchmark Korea Composite Stock Price Index or KOSPI tumbling more...
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