Seoul stocks open higher on bargain hunting

South Korean shares opened higher Monday as investors sought to bag bargains following sharp declines last week on concerns over a bubble in tech firms. The benchmark Korea Composite Stock Price Index rose 1.81 percent, or 71.45 points, to 4,025.21 in the first 15 minutes of trading. The Kospi experienced sharp volatility last week, climbing to a record high of over 4,200 on Monday before plunging nearly 3 percent Wednesday. After a brief rebound Thursday, the index shed 1.81 percent Friday, clo

Nov. 10, 2025

Kosdaq barely grows as Kospi adds W1,000tr. Why?

Nearly three decades after its launch as Korea’s answer to the Nasdaq, the Kosdaq is struggling to live up to its original promise as a market for innovation and growth. Once envisioned as a springboard for tech startups and the next generation of industry leaders, it has instead become a quiet corner of the country’s equity landscape — and an increasingly neglected one. The gap between the Kosdaq and the Kospi has rarely looked wider. Since June, when the main board began its record-setting 56

Nov. 9, 2025

Kospi dips nearly 2% on woes over valuation, US-China trade conflict

After choppy trading, South Korean shares ended 1.8 percent lower Friday, capping a turbulent week, as big-cap tech shares lost ground amid concerns over an artificial intelligence bubble, and renewed trade tensions between the United States and China. The benchmark Korea Composite Stock Price Index tumbled 72.69 points, or 1.81 percent, to close at 3,953.76, after touching an intraday low of 3,887.32. Trade volume was moderate at 366.7 million shares worth 18.6 trillion won ($12.8 billion), wit

Nov. 7, 2025

Korean shoppers pull back from overseas apps over safety concerns, Seoul survey finds

Nearly half of Korean consumers who buy from overseas e-commerce platforms say they are scaling back due to concerns about product safety, according to a new survey released Friday by the Seoul Metropolitan Government. The city’s Electronic Commerce Center found that 45.3 percent of respondents with cross-border shopping experience had reduced purchases from overseas platforms due to safety issues. Only 5.4 percent said they had increased their overseas shopping. The rest said they had either be

Nov. 7, 2025

Seoul stocks open lower on US losses

South Korean shares opened nearly 1 percent lower Friday, tracking overnight losses on Wall Street sparked by woes over an artificial intelligence bubble and jobs. The benchmark Korea Composite Stock Price Index shed 39.52 points, or 0.98 percent, to 3,986.93 in the first 15 minutes of trading. Overnight, major US indexes closed lower on revived fears over stretched valuation of AI-related shares and data showing a cooling labor market. The Dow Jones Industrial Average fell 0.84 percent, the tec

Nov. 7, 2025

AmCham, new FTC chief discuss Korea’s fair trade policy, regulatory challenge

The American Chamber of Commerce in Korea on Thursday held a roundtable in Seoul with Fair Trade Commission Chair Ju Biung-ghi to discuss on the government’s fair trade policy and regulatory challenges facing global companies operating in Korea. In his remarks, AmCham Chair and CEO James Kim underscored the importance of transparent and predictable regulation to enhance Korea’s competitiveness as an investment destination. “Building on the successful momentum from the APEC CEO Summit, AmCham loo

Nov. 6, 2025

Seoul stocks slightly rebound from 3% dip on bargain hunting

South Korean shares slightly rebounded from a nearly 3 percent fall the previous day, as retail investors continued their buying spree with unwavering risk appetite. The Korean won slightly gained ground against the US dollar. The benchmark Korea Composite Stock Price Index added 22.03 points, or 0.55 percent, to close at 4,026.45. Trade volume was slightly heavy at 418.8 million shares worth 21.2 trillion won ($14.6 billion), with winners outnumbering losers 630 to 266. Retail investors and ins

Nov. 6, 2025

Seoul stocks open sharply higher, rebounding from crash

South Korean shares opened more than 1 percent higher Thursday as big-cap tech shares rebounded from their crash the previous day, which had been sparked by woes over the valuation of artificial intelligence - related stocks. The benchmark Korea Composite Stock Price Index gained 55.89 points, or 1.4 percent, to 4,060.31 in the first 15 minutes of trading, recovering from a nearly 3 percent fall on Wednesday. Overnight, major US indexes closed higher, rebounding from their falls the previous day

Nov. 6, 2025

Seoul stocks dip nearly 3% on AI bubble woes; won slides to 7-month low

South Korean shares plunged by nearly 3 percent Wednesday as big-cap tech shares slid, tracking an overnight slump on Wall Street sparked by concerns over an artificial intelligence bubble. The Korean won sharply lost ground against the US dollar. The benchmark Korea Composite Stock Price Index lost 117.32 points, or 2.85 percent, to close at 4,004.42, after dipping to as low as 3,867.81 at one point, retreating back below the 4,200 mark just two days after reaching the milestone. The tech-heavy

Nov. 5, 2025

AI bubble fears trigger W2.5tr foreign 'panic sell' on Kospi

South Korean stocks tumbled Wednesday as foreign investors dumped 2.5 trillion won ($1.73 billion) worth of shares on the benchmark Kospi, spooked by mounting fears that the AI boom has pushed global equity valuations too far. With offshore investors dumping nearly 5 trillion won worth of shares from the main bourse over just two sessions, chip shares plunged and the local won's value per dollar was dragged to a nearly seven-month low. The benchmark Kospi closed at 4,004.42, losing 117.32 points

Nov. 5, 2025

Seoul stocks open sharply lower on US tech slump

South Korean shares opened more than 3 percent lower Wednesday, tracking an overnight slump on Wall Street sparked by concerns of lofty stock market valuations and an artificial intelligence bubble. The benchmark Korea Composite Stock Price Index lost 135.79 points, or 3.29 percent, to 3,985.59 in the first 15 minutes of trading, retreating back below the 4,000 mark a little over a week after reaching the milestone. Overnight, major US indexes closed lower as blue chip tech shares, such as Nvidi

Nov. 5, 2025

Alibaba Cloud named Gartner 2025 leader in enterprise cloud platforms

Alibaba Cloud, the digital technology and intelligence arm of Alibaba Group, said Tuesday it has been named a Leader in Gartner’s 2025 Magic Quadrant reports for Container Management and Cloud-Native Application Platforms, underscoring its growing presence in enterprise cloud infrastructure. According to Alibaba Cloud, the dual recognition reflects its continued innovation in accelerating digital transformation for global enterprises. “Being recognized as a Leader in both categories highlights o

Nov. 4, 2025

Seoul shares snap 4-day bull run on foreign selling binge; won sharply down

South Korean shares sank by more than 2 percent Tuesday to snap their four-day winning streak on massive foreign sell-offs. The Korean won sharply lost ground against the US dollar. The benchmark Korea Composite Stock Price Index lost 100.13 points, or 2.37 percent, to close at 4,121.74, falling back below the 4,200 mark just a day after it reached the milestone. Trade volume was heavy at 421.1 million shares worth 20.7 trillion won ($14.4 billion), with losers outnumbering winners 504 to 380. F

Nov. 4, 2025

Seoul stocks open lower on profit-taking

South Korean shares opened lower Tuesday as investors sought to take profits after the stock market continued its bull run. The benchmark Korea Composite Stock Price Index lost 20.47 points, or 0.48 percent, to 4,201.4 in the first 15 minutes of trading. Foreigners and institutions were unloading local shares for profit-taking after the Kospi rallied Monday to breach the 4,200 mark for the first time. Overnight, the tech-heavy Nasdaq composite gained 0.46 percent on blue-chip tech shares, while

Nov. 4, 2025

$200b US investment to target Korean corporate growth: industry minister

Industry Minister Kim Jung-kwan on Monday stressed that Korea’s planned $200 billion investment in the United States is designed to benefit Korean companies first, describing it as a strategic initiative rather than a financial handout. “The $200 billion is not money simply given to the United States,” Kim said during a meeting with CEOs of medium-sized companies at the Grand Hyatt Seoul. “It is structured so that our companies expanding into the American market can be the first to benefit.” Kim

Nov. 3, 2025