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.

Korean stocks opened more than 1 percent lower Monday, tracking Wall Street's slide sparked by the semiconductor shock and rate hike fears, with bi...

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…

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

Korean stocks nosedived more than 8 percent shortly after opening Monday, triggering a 20-minute trading halt, as investors dumped tech and other m...

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…

The selling intensified Monday as the benchmark Kospi plunged more than 8% at the open, even as it emerged as one of the world's standout performers thus far.

Yen, won under pressure; Seoul holds emergency weekend meet

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

The South Korean benchmark Kospi suffered the worst day of the year as chip stocks tumbled, mirroring a rout in US semiconductor stocks on Wall Street. Soon aft

By Fabiana Negrin Ochoa and Jihye Lee

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…

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…

South Korean stocks nosedived more than 8 percent Monday, extending their losing streak to a third consecutive session, as investors dumped market heavyweights

Yen and won come under pressure; Seoul holds emergency weekend meeting

South Korean stocks nosedived more than 8 percent Monday on renewed woes over AI profitability and concerns over a possible hawkish pivot of the U.S. Federal Reserve.

Seoul's Kospi stock index dived more than 8 percent to lead a rout across Asia on Monday as tech firms were hammered and strong US jobs data fueled bets on a Federal Reserve…