South Koreas Kospi entered bear market territory after falling over 20% from its June peak, dragged down by a sharp selloff in semiconductor giants Samsung Electronics and SK Hynix. Finance Minister Koo Yun-cheol warned that heavy concentration in chip stocks is increasing market volatility. Despite the correction, Kospi remains the worlds top-performing major index in 2026.

South Korea's Kospi index dropped significantly, led by chip stocks. Investors questioned the sustainability of record earnings driven by artificial intelligence demand. Samsung…

South Korea's Kospi index experienced sharp losses for a third consecutive session. Heavyweight Samsung Electronics saw its share price fall significantly amid market concerns.…