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Seoul shares open higher amid rate-cut hopes
South Korean stocks started higher Wednesday, tracking overnight gains on Wall Street amid hopes for the Federal Reserve's rate-cut decision. The benchmark Korea Composite Stock Price Index added 21.6 points, or 0.56 percent, to 3,879.38 in the first 15 minutes of trading. US stocks finished in positive territory as investors bet on another Fed rate cut at its December meeting. The Dow Jones Industrial Average rose 1.43 percent, and the Nasdaq composite gained 0.67 percent. In Seoul, market bell
Nov. 26, 2025 -
Seoul shares snap 2-day drop on hopes for rate cut, eased AI fear; won rebounds
South Korean stocks rose slightly Tuesday to end a two-session losing streak as revived hopes for a US rate cut and eased fears over artificial intelligence uncertainties boosted appetite for risky assets. The local currency gained sharply against the US dollar. The benchmark Korea Composite Stock Price Index added 11.72 points, or 0.3 percent, to close at 3,857.78. It marked the first daily gain since Friday, when it tumbled 3.79 percent. Trade volume was light at 275.5 million shares worth 13.
Nov. 25, 2025 -
Seoul shares open higher on revived hopes for Fed rate cut
South Korean stocks opened sharply higher Tuesday, tracking overnight gains on Wall Street on revived hopes for a rate cut by the Federal Reserve and eased artificial intelligence uncertainties. The benchmark Korea Composite Stock Price Index added 64.02 points, or 1.66 percent, to 3,910.08 in the first 15 minutes of trading. Major US stocks closed higher Monday as investors were buoyed by some dovish comments from Fed members and eased concerns over inflated AI valuation. The Dow Jones Industri
Nov. 25, 2025 -
Seoul shares fall for 2nd day on AI uncertainties; won sharply down
South Korean stocks fell for the second consecutive session Monday amid lingering worries over artificial intelligence-related sectors. The local currency sharply declined against the US dollar. The benchmark Korea Composite Stock Price Index lost 7.2 points, or 0.19 percent, to close at 3,846.06, following a 3.79 percent drop on Friday. The Kospi opened higher on foreign buying on revived hopes for a rate cut in the United States, but offshore investors turned to net sellers in the afternoon to
Nov. 24, 2025 -
Seoul brings NPS into FX strategy to curb won slide
South Korean foreign exchange authorities and the National Pension Service, one of the world’s largest pension funds, have launched a new four-way consultative body to address the won’s recent depreciation against the dollar. The Finance Ministry, Bank of Korea, NPS and its supervisory agency, the Health Ministry, convened the group’s first meeting Monday to assess how the pension fund’s rapidly expanding overseas investments are influencing the foreign exchange market. “The consultative body wi
Nov. 24, 2025 -
Seoul shares open higher on bargain hunting after sharp drop
South Korean stocks started higher Monday as investors hunted for bargains following a sharp drop in the previous session amid concerns over an artificial intelligence bubble. The benchmark Korea Composite Stock Price Index added 28.58 points, or 0.74 percent, to 3,881.84 in the first 15 minutes of trading. The Kospi seesawed last week, starting with a 1.94 percent gain Monday and tumbling 3.32 percent the following day. After jumping 1.92 percent Thursday, the index plunged 3.79 percent Friday.
Nov. 24, 2025 -
AmCham, KCCI lay out strategies for Korean firms entering US market
South Korean companies face a fast-changing landscape in the United States as reciprocal tariffs, regulatory scrutiny and evolving industrial policies reshape conditions for market entry, speakers said Thursday at Doing Business in the US Seminar 2025 in Seoul. Co-hosted by the American Chamber of Commerce in Korea and the Korea Chamber of Commerce and Industry, the annual seminar — now in its seventh year — has grown into one of the country’s top platforms for firms seeking to expand or establi
Nov. 21, 2025 -
Seoul shares open sharply lower on tech losses
South Korean stocks got off to a weak start Friday, tracking overnight losses on Wall Street, amid renewed valuation concerns over artificial intelligence (AI) equities. The benchmark Korea Composite Stock Price Index fell 137.06 points, or 3.42 percent, to 3,867.79 in the first 15 minutes of trading. Overnight, US shares closed lower, led by declines in Nvidia despite strong quarterly results, as investors remained cautious about the recent sharp upturn in AI-related shares and their aggressive
Nov. 21, 2025 -
Seoul shares rebound on Nvidia-driven chip rally
South Korean stocks closed higher Thursday, led by gains of semiconductor and other big-cap tech shares, as Nvidia's strong quarterly report helped dispel concerns over an artificial intelligence bubble. The local currency weakened against the US dollar. The benchmark Korea Composite Stock Price Index added 75.34 points, or 1.92 percent, to close at 4,004.85, snapping a two-day losing run. Trade volume was moderate at 355.8 million shares worth 14.9 trillion won ($10.14 billion), with winners be
Nov. 20, 2025 -
Seoul shares open higher after Nvidia earnings results
South Korean stocks got off to a strong start Thursday following a two-day decline, as big-cap tech shares gathered ground following Nvidia's announcement of a record quarterly result. The benchmark Korea Composite Stock Price Index rose 101.48 points, or 2.58 percent, to 4,030.99 in the first 15 minutes of trading. Investor sentiment improved after Nvidia reported better-than-expected quarterly revenue, raising hopes that the artificial intelligence-driven market rally could regain momentum ami
Nov. 20, 2025 -
Seoul shares fall for 2nd session on tech losses, foreign selling
South Korean stocks closed lower Wednesday, led by losses in major tech shares, as investors remained cautious amid valuation concerns over artificial intelligence-related stocks and uncertainty about the Federal Reserve's policy path. The local currency weakened against the US dollar. The benchmark Korea Composite Stock Price Index fell 24.11 points, or 0.61 percent, to close at 3,929.51, extending the losing streak to a second session. Trade volume was moderate at 330.78 million shares worth 1
Nov. 19, 2025 -
Seoul shares open lower on tech losses
South Korean stocks started lower Wednesday, tracking overnight losses on Wall Street, amid lingering valuation concerns and ahead of key economic data releases. The benchmark Korea Composite Stock Price Index fell 45.42 points, or 1.15 percent, to 3,908.2 in the first 15 minutes of trading. Institutions were net sellers, offsetting net purchases by foreign and retail investors. Overnight, US stocks fell as concerns about an artificial intelligence bubble persisted and investors took a wait-and-
Nov. 19, 2025 -
Seoul wins full annulment in 13-year Lone Star dispute
South Korea has won its 13-year legal battle with US private equity firm Lone Star after an international arbitration panel under the World Bank Group annulled a 2022 ruling that ordered Korea to pay the firm $216.5 million in damages, Seoul officials said Tuesday evening. Prime Minister Kim Min-seok, in an emergency briefing, welcomed the decision as “a decisive outcome that protects the public finances and reaffirms Korea’s sovereign authority in financial regulation.” Kim said the annulment c
Nov. 18, 2025 -
Seoul shares plummet on tech losses, won weakens against dollar
South Korean stocks closed markedly lower Tuesday, led by chip and other tech shares, as diminishing expectations for a Federal Reserve rate cut and valuation concerns over artificial intelligence-related stocks dampened investor sentiment. The local currency weakened against the US dollar. The benchmark Korea Composite Stock Price Index plunged 135.63 points, or 3.32 percent, to close at 3,953.62. It marked the first time since Nov. 7 that the index fell below the 4,000 level. Trade volume was
Nov. 18, 2025 -
‘Baby Shark’ creator Pinkfong surges on Kosdaq debut
The Pinkfong Company, the production studio behind the global sensation “Baby Shark," made its stock market debut on Korea's secondary bourse Kosdaq on Tuesday, closing about 9 percent above its offering price. The newly listed stock closed at 41,550 won ($29), up 3,550 won or 9.34 percent from its offering price of 38,000 won, according to the bourse operator Korea Exchange. Though the stock touched an intraday high of 61,500 won in early trading, marking a 61.84 percent surge from the offering
Nov. 18, 2025