Yen, won under pressure; Seoul holds emergency weekend meet

Seoul stocks plunged Friday as a prolonged foreign sell-off collided with a sharp downturn in global semiconductor shares, sending the benchmark KO...

The won-dollar exchange rate reached 1,561.5 won in overnight trading, its weakest level in more than 17 years, amid foreign stock selling.

Asian markets experienced a sharp downturn as the AI rally cooled, with South Korea's KOSPI halting trading after a significant drop. Investors are now weighing the impact of…

Asian stocks fell as the AI rally cooled, oil prices surged on Middle East tensions, and stronger US jobs data fueled interest rate concerns.

Yen, won under pressure; Seoul holds emergency weekend meet

Yen, won under pressure; Seoul holds emergency weekend meet

By Fabiana Negrin Ochoa and Jihye Lee