Robust US jobs data lifts bets on a Federal Reserve rate hike and unleashes selloff in tech-heavy market

South Korea's KOSPI index plunged 5.54% to 8,161 as Samsung and SK Hynix cratered, dragging emerging market assets into a third straight session of losses.

The South Korean benchmark Kospi plunged more than 8 percent Monday, mirroring a rout in US semiconductor stocks on Wall Street, which triggered a circuit break

South Korean stocks dropped, led by steep losses in chipmaker shares on an intensifying rotation out of artificial intelligence beneficiaries.

South Korea faces risk of a "Black Monday" event with “currency instability, interest-rate repricing and profit taking in semiconductors all happening at the same time"

KOSPI falls 8% in early trade, triggering circuit breakers; Nikkei average down 4%

South Korea’s KOSPI dropped more than 8% after Samsung Electronics and SK Hynix shares plunged over 10%, triggering market circuit breakers.

HONG KONG: Seoul's Kospi stock index dived more than 8 per cent to lead a rout across Asia on Monday (Jun 8) as tech firms were hammered and strong US jobs data fuelled bets on a…

Seoul's Kospi stock index dived more than eight percent to lead a rout across Asia on Monday as tech firms were hammered and strong US jobs data fuelled bets on a Federal Reserve…

South Korea's KOSPI index experienced a significant selloff, plunging 8.23% as investors cashed in on the AI rally, revealing the market's heavy reliance on semiconductor stocks. …

South Korea's KOSPI index saw a sharp decline on Monday. Investors sold off artificial intelligence stocks, revealing the market's heavy reliance on semiconductor giants. Samsung…

Yen, won under pressure; Seoul holds emergency weekend meet

Korea's chip-heavy KOSPI, the world's best-performing market this year, led losses in Asia with a 5% slide

South Korea's KOSPI index plummeted nearly 9% on Monday, triggering circuit breakers, as strong U.S. jobs data fueled expectations of Federal Reserve rate hikes. Tech giants…

Asian markets are experiencing a significant downturn. High-flying semiconductor stocks are bearing the brunt of the selloff. This follows a sharp fall in U.S. markets after…

South Korea's KOSPI index dropped 8.8%, triggering a trading halt

Yen, won under pressure; Seoul holds emergency weekend meet

Robust US jobs data lifts bets on a Federal Reserve rate hike and unleashes selloff in tech-heavy market

Korean bonds are the world's worst in 2026, down 7.5%, as the chip boom forces rate hikes. Monday's 8% Kospi crash triggered a circuit breaker while yields held near highs.

SEOUL, June 8 : South Korea's stock benchmark plunged nearly 9 per cent on Monday, tripping circuit breakers, after robust U.S. jobs data lifted bets on a Federal Reserve rate…

SEOUL, June 8 : South Korea's stock benchmark plunged over 8 per cent on Monday, tripping circuit breakers, after robust U.S. jobs data lifted bets on a Federal Reserve rate hike…