Stocks plunged by almost 2 percent Thursday to slump for a second straight session amid recession woes and a dim outlook for the chipmaking sector. The won rose against the dollar.
Stocks snapped their three-day winning streak Wednesday, as investors were spooked by overnight plunges on Wall Street caused by growing concerns about a recession. The won tumbled against the dollar.
Shares ended higher Tuesday to extend their winning streak to a third day as auto and technology stocks advanced on bargain hunting, with investors keeping an eye on U.S. economic data and Federal Reserve policy.
BTS’s announcement of halting group activities has been wreaking havoc on its management HYBE’s stocks and raising concerns about the K-pop sensation’s future since the news first broke two weeks ago. But according to some industry experts and ...
Shares ended higher for the second straight session Monday, as investors speculate the pace of the Federal Reserve's rate hikes could be slower than expected amid global recession woes. The local currency sharply rose against the dollar.
Stocks fell again Thursday, as investors avoided risky assets amid monetary tightening and recession fears. The local currency fell to the lowest point against the dollar in almost 13 years. After choppy trading, the Kospi dropped 28.49 points...
A screen in Hana Bank's trading room in central Seoul shows the Kospi closing at 2,342.81 points on Wednesday, down 66.12 points, or 2.74 percent, from the previous trading day.
Stocks fell again, shedding almost 3 percent Wednesday as recession woes made investors avoid risky assets amid hawkish monetary policy in major economies. The local currency fell to the lowest point against the dollar in 13 years.
Stocks rebounded Tuesday from a fresh 19-month low the previous session on bargain hunting amid lingering concerns over high inflation and a global economic slowdown. The local currency fell against the dollar.
Newbies are getting crushed as stocks and crypto collapse, and some are suffering from mental distress after losing so much money in the markets. Even those buying blue chips are singing the blues.