South Korean shares swung between gains and losses on Friday as investors assessed the latest U.S. corporate earnings and remained cautious over AI-related spending. Despite recovering from early losses, the KOSPI stayed on track for a third consecutive weekly decline, while foreign investors remained net buyers.

South Korean shares fell nearly 2% on Tuesday as renewed concerns over AI-related spending and heavy selling in semiconductor stocks overshadowed softer-than-expected inflation.…

South Korean stocks tumbled more than 4 percent Thursday due to losses in tech shares amid lingering concerns over profitability of artificial intelligence spen