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.

Stocks dipped by more than 5 percent as investors locked in profits from a recent tech-led rally while monitoring uncertainty over U.S.-Iran peace negotiations. The local currency…

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

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…