Fed hike stalls KOSPI as shipbuilders outrun chipmakers SEOUL, Sept. 17 (AJP) — Investors in Seoul rotated out of chipmakers and into shipbuilders on Thursday after the U.S. Federal Reserve raised interest rates for the first time since 2023, leaving the KOSPI flat as foreigners sold for a seventh straight session. Foreign investors dumped a net 2.3 trillion won ($1.6 billion) of shares, lifting their seven-session total above 13 trillion won, as SK hynix and Samsung Electronics slipped and HD Hyundai Heavy Industries jumped 6.6 September 17, 2026

Won emerges as standout Q3 gainer as KOSPI rally takes back seat SEOUL, Sept. 17 (AJP) — The South Korean won emerged as a standout winner against the U.S. dollar in the third quarter to date, reversing its trend and place with the KOSPI that dominated the first half. The dollar stood at 1,359.4 won on Sept. 15, leaving the Korean currency 4.8 percent stronger than the end-July level of 1,424.0 won and 8.6 percent stronger than its first-half average of 1,486.79 won, showed the Bank of Korea (BOK) third-quarter market report Thursday. T September 17, 2026

KOSPI climbs as market absorbs Fed hike SEOUL, September 17 (AJP) - South Korean stocks extended gains Thursday morning despite the U.S. Federal Reserve's first interest rate hike in more than three years, as easing oil prices and strength in defense and shipbuilding shares offset continued foreign selling. As of 10:30 a.m., the benchmark KOSPI stood at 6,756.11, up 0.6 percent. The index had climbed as high as 6,795.53 after opening sharply higher, before giving back part of the advance. It touched a session low September 17, 2026

Korean markets shrug off FOMC, turn to Tokyo and London SEOUL, September 17 (AJP) - South Korean capital markets on Thursday largely brushed aside the U.S. Federal Reserve’s widely expected overnight rate hike, with authorities forecasting limited immediate impact while keeping watch on elevated borrowing costs. The KOSPI rose 0.7 percent to 6,765.65 while the benchmark 10-year government bond yield fell 2.5 basis points to 4.528 percent as of 10:20 a.m. The dollar gained 2.4 won to 1,379.9 won, indicating modest weakness in th September 17, 2026

AI voice technology firm set to debut on KOSDAQ next week SEOUL, September 16 (AJP) - Neosapience, a generative artificial intelligence (AI) and AI voice technology company will be listed on the KOSDAQ next week, according to its report filed with the Financial Supervisory Service (FSS) on Wednesday. Some 23.21 percent of its shares will be available for trading starting from next Monday, down from an earlier estimate of 28.66 percent. The smaller number of shares available for trading comes after institutional investors agreed to lock September 16, 2026

KOSPI recovers from four-session slide as chip stocks rally SEOUL, September 16 (AJP) - South Korean stocks rebounded on Wednesday, as gains in major semiconductor stocks offset continued foreign selling ahead of the U.S. Federal Reserve's key interest rate decision. The benchmark KOSPI rose 1.37 percent or 90.71 points to close at 6,717.97, snapping a four-session losing streak. The index opened 0.24 percent lower at 6,611.24 and fell as low as 6,598.87 before reversing course, eventually closing at its intraday high. Overseas in September 16, 2026

KOSPI rises on chip gains ahead of Fed's rate decision SEOUL, September 16 (AJP) - South Korean stocks rose Wednesday morning as gains in major chip stocks helped offset concerns over high oil prices, rising U.S. Treasury yields and uncertainty ahead of the Federal Reserve's rate decision. The benchmark KOSPI stood at 6,659.29 points at around 10 a.m., up 0.48 percent from the previous session. The index fell 0.06 percent shortly after the market opened to 6,623.33 points before turning higher. Retail investors bought a net 125.0 September 16, 2026

Dongwon Parts wins KOSDAQ listing approval SEOUL, September 15 (AJP) - South Korean semiconductor parts maker Dongwon Parts said Tuesday it has received preliminary approval from the Korea Exchange (KRX) for a KOSDAQ listing, clearing a key regulatory step in its initial public offering (IPO). The approval came after its revenue jumped 55 percent last year to 92.3 billion won ($67.9 million). Operating profit rose more than sevenfold to 7.8 billion won ($5.7 million). Samsung Securities is the lead underwriter. Founded in September 15, 2026

Won falls, Korean bond yields hit multi-year highs as oil surges SEOUL, Sept. 15 (AJP) — The South Korean won weakened and government bond yields climbed to multi-year highs Tuesday as surging oil prices and U.S. Treasury yields fanned inflation and interest-rate concerns. The three-year government bond yield rose 6.6 basis points to 4.091 percent, its highest close since Oct. 26, 2023. The benchmark 10-year yield gained 6.4 basis points to 4.600 percent, the highest since Oct. 21, 2022. The won closed at 1,359.4 won per dollar in Seou September 15, 2026

FSS chief calls for fairer CEO succession at financial groups SEOUL, September 15 (AJP) - South Korea's top financial regulator called on financial holding companies Tuesday to strengthen the fairness and transparency of CEO succession at their subsidiaries, saying existing procedures remain inadequate. Financial Supervisory Service (FSS) Governor Lee Chan-jin said at an executive meeting that succession procedures at most financial holding companies lacked clear standards for choosing subsidiary chiefs. Lee identified several weaknesse September 15, 2026