Kospi falls below 5,000 mark following overnight Wall Street losses

Korean stocks opened lower Friday following overnight losses on Wall Street amid concerns that major firms' investments in the AI sector could lead to financial burdens.

2026-02-06

Kospi reclaims 5,300 mark despite AI woes on Wall Street

Shares opened slightly higher on Wednesday, bucking an overnight fall on Wall Street caused by woes over recent developments in AI.

2026-02-04

Korea's foreign reserves fall for 2nd month in January: BOK

Korea's foreign reserves fell for the second consecutive month in January amid government efforts to stabilize the foreign exchange market, the central bank said Wednesday.

2026-02-04

Kevin Warsh's nomination strengthens case for extended rate hold in Korea

U.S. President Donald Trump’s choice of Kevin Warsh as his nominee for the next U.S. Federal Reserve chair is reinforcing expectations of an extended interest rate hold in Korea.

2026-02-01

Kospi opens higher on rosy outlook for chipmakers

Shares opened higher Friday as investors continued to scoop up chipmakers after they delivered strong quarterly and annual earnings, and painted a rosy picture for future performances.

2026-01-30

U.S. keeps Korea on currency monitoring list

The United States has kept Korea on its currency monitoring list, a Treasury Department report showed on Thursday, amid recent volatility in the won against the dollar.

2026-01-30

Prosecutors launch internal investigation after losing 320 seized Bitcoins worth $28.8 million

Prosecutors have launched an internal investigation after losing 320 Bitcoins valued at approximately 41.6 billion won ($28.8 million), which had been seized as criminal assets.

2026-01-27

U.S.-Japan intervention threat lifts won to this year's high

The won strengthened to its strongest level this year on Monday, driven by signs of a potential U.S.-Japan joint intervention on the weak Japanese yen, which often moves in tandem with the won.

2026-01-26

Won strengthens after Lee's extraordinary comments set target for exchange rate

The won strengthened after President Lee Jae Myung said authorities expected the exchange rate to move toward 1,400 per dollar within the next couple of months, in unusually explicit comments that the market read as official concern over volatility.

2026-01-21

Lee slams political-religious collusion as 'path to national ruin' in New Year's press conference

President Lee Jae Myung underscored that collusion between politics and religion is the "path to national ruin" and must be eradicated from the roots in his New Year's press conference on Wednesday.