SEOUL, Jan 21 (AJP) - Major sovereign bond yields, including South Korean treasuries, jumped on Tuesday after a sharp surge in Japanese government bond yields — bringing the elephant in the room back into focus: the massive yen carry trade. The benchmark 10-year JGB yield closed up 7 basis points at 2.34 percent, its highest level in nearly three decades. The move quickly spilled over abroad, pushing the U.S. 10-year Treasury yield up 7.5 basis points to 4.295 percent and Au

SEOUL, January 21 (AJP) - The Korean won, which briefly revisited the perceived government defense line of 1,480 per dollar before markets opened Wednesday, rebounded sharply after President Lee Jae Myung publicly referred to a specific range for the exchange rate. During a televised New Year’s press conference, Lee addressed the won’s prolonged weakness, noting that the depreciation was not “a uniquely Korean phenomenon” but reflected broader geopoli

SEOUL, January 21 (AJP) - South Korean stocks reversed early losses Wednesday morning, buoyed by strong foreign buying and a sharp rebound in the won, even as global markets remained cautious amid lingering trade uncertainty from U.S. President Donald Trump's tariff pressures. As of 10:40 a.m., just a few hours into the day's trading, the benchmark KOSPI was up 0.43 percent at 4,907.1, rebounding from an earlier 0.6 percent decline. The KOSPI 200 rose 0.9 percent to 715.3, s

SEOUL, January 20 (AJP) - South Korea's benchmark KOSPI pulled back on Tuesday, ending its year-opening rally, as selling pressure in major technology and auto shares outweighed gains in select growth and thematic stocks. The index fell 0.4 percent to close at 4,885.8, snapping a 13-session winning streak that included a series of record highs. Despite the pullback, it briefly climbed to an intraday high of 4,935.48, extending its run of fresh peaks before momentum faded in late

SEOUL, January 20 (AJP) - South Korea’s stock market is extending its red-hot rally into the new year while quietly pushing out near-defunct companies, using favorable market momentum to rationalize both its main and secondary bourses. According to data from the Korea Exchange (KRX) as of Tuesday, five companies — Pureunsonamu, Intromedic, Well Biotec, Kukbo and PharmAbcine — are currently undergoing delisting procedures. Of the five, Well Biotec and Kukbo are l

SEOUL, January 20 (AJP) — Asian markets moved lower on Tuesday, tracking an overnight retreat on Wall Street, with South Korea’s KOSPI taking a breather after a 12-day uninterrupted rally. As of 11:20 a.m., the benchmark KOSPI was down 0.61 percent at 4,874.83, pulling back after touching an intraday record high of 4,923.53 earlier in the session. The tech-heavy KOSDAQ bucked the trend, rising 0.45 percent to 971.48. Retail investors absorbed selling pressure from i

SEOUL, January 19 (AJP) - South Korean stocks extended their rally to a 12th consecutive session on Monday, driven by strong gains in robotics-related shares. The benchmark KOSPI rose 1.32 percent to close at 4,904.7, marking another record high after maintaining gains throughout the session. The tech-heavy KOSDAQ advanced 1.4 percent to 968.4, while the KOSPI 200 climbed 1.3 percent to 713.96. Foreign investors led the advance. In the KOSPI market, foreigners posted net purcha

SEOUL, January 19 (AJP) - South Korea’s foreign exchange vulnerability has drawn renewed scrutiny from the International Monetary Fund, not because of short-term external debt — the trigger during the late-1990s liquidity crisis — but due to the country’s unusually large foreign equity exposure relative to the depth of its FX market. According to an IMF assessment released Sunday, South Korea’s foreign-exposed assets amount to roughly 25 times its ave

SEOUL, January 19 (AJP) - Shares of robotics and automation companies surged Monday as investor funds rotated out of semiconductor stocks and into so-called “physical AI” plays, amid renewed uncertainty over U.S. semiconductor trade policy. Hyundai Motor jumped 12.5 percent to 465,000 won ($315.3), while Doosan Robotics soared 20.13 percent to 108,600 won, sharply outperforming the broader market as sentiment toward chipmakers weakened on tariff concerns. The shift