Tapering fears ease and Kospi rises for 2nd day

Stocks advanced for the second consecutive day Wednesday as investor worries over fast tapering were partially eased by U.S. Federal Reserve comments that support its accommodative policy.

2021-06-23

Stocks jump as rate rise worries recede

Stocks rebounded Tuesday as investors speculate that the Fed's tapering timeline may be slower than expected.

2021-06-22

Kospi slumps as tapering fears return

Stocks retreated Monday as the U.S. Federal Reserve's hawkish tone last week increased worries about an early tapering of its accommodative monetary policies.

2021-06-21

Stocks drop on possibility of U.S. Fed raising rates

Stocks ended a five-session winning streak Thursday as investor appetite for risky assets weakened after the Federal Reserve's comments about an earlier-than-expected timeline for a rate hike.

2021-06-17

After losing a bundle in tech, retail investors chase memes

Seohak Ants, Korean retail investors who invest in foreign stocks, are rushing to meme shares.

2021-06-16

Kospi closes at record high for third day in a row

Stocks hit a record for the third consecutive session Wednesday as investors scooped up blue-chip shares ahead of the release of the Federal Reserve's meeting results.

2021-06-16

Kospi hits 3,258, busting record for second straight day

Stocks hit a record for the second straight day Tuesday, propelled by investors' optimism over the U.S. Federal Reserve meeting this week.

2021-06-15

Faith in Fed pushes Kospi to record 3,252 points

Stocks closed at an all-time high Monday as investors expect the U.S. Federal Reserve to reiterate its support for accommodative policies in this week's monetary policy meeting.

2021-06-14