won
5 stories
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financeForeign Investors Flee Seoul: $30 Billion Exits South Korean Stocks
A record foreign sell-off is hammering the KOSPI. $13.2B was pulled in a single week, led by profit-taking on Samsung and SK Hynix.
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financeSouth Korea Vows Market Intervention as Won Weakens
Finance Minister Koo Yun-cheol pledges action to curb excessive volatility in forex, stock, and bond markets.
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financeSouth Korea Warns of Market Actions as Won Hits Worst Levels
Seoul issues rare joint statement as the won slides against the dollar, warning of 'excessive' moves and potential intervention.
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financeS Korea's KOSPI Breaks 7,000 as AI Chip Rally Lifts Samsung into $1 Trillion Club
South Korea's KOSPI surged above 7,000 for the first time, driven by an AI-powered rally in semiconductor stocks. Samsung Electronics joined the $1 trillion market cap club.
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financeBank of Korea Nominee Signals Hawkish Shift on Inflation
Incoming Bank of Korea Governor nominee Shin Hyun-song indicates a potential shift towards tighter monetary policy, prioritizing price stability amidst rising import costs and geopolitical tensions.