Market

  • Korea stock trading extends to 8 p.m. from Monday
    Korea stock trading extends to 8 p.m. from Monday SEOUL, September 14 (AJP) — The Seoul bourse will stay open until 8 p.m. from Monday under a new after-hours trading system that extends trading well beyond the regular session's 3:30 p.m. close. The Korea Exchange (KRX) will introduce a new after-market session running from 4 p.m. to 8 p.m., allowing investors to trade most KOSPI and KOSDAQ shares in real time long after the regular session closes. The new session replaces a much more limited after-hours system. The pr September 14, 2026
  • KOSPI closes below 7,000 as foreign selloff outweighs chip exports
    KOSPI closes below 7,000 as foreign selloff outweighs chip exports SEOUL, September 11 (AJP) - South Korean stocks fell nearly 2 percent on Friday as concerns over oil prices and interest rates led to heavy foreign selling, outweighing strong semiconductor exports. The benchmark KOSPI closed at 6,909.91, down 1.76 percent from the previous session. The index opened 3.29 percent lower at 6,802.50 before recovering part of its losses in afternoon trading. Foreign investors sold a net 2.29 trillion won (US$1.70 billion) of KOSPI shares, while insti September 11, 2026
  • Korean 3-yr yield tops 4% for first time since 2023
    Korean 3-yr yield tops 4% for first time since 2023 SEOUL, September 11 (AJP) — South Korea's three-year government bond yield closed above 4 percent Friday for the first time in nearly three years, while the won weakened as oil-driven inflation fears sent global yields sharply higher. The three-year Korean government bond yield jumped 8.8 basis points to 4.018 percent, crossing the 4 percent threshold for the first time since Nov. 1, 2023. The yield had last closed above the level at 4.071 percent on Nov. 1, 2023, befor September 11, 2026
  • In Koreas delivery republic, gratitude comes without the tip
    In Korea's delivery republic, gratitude comes without the tip SEOUL, September 11 (AJP) - Any homebody knows the small thrill — the doorbell, footsteps outside and finally the arrival of dinner, groceries or the sneakers you have been waiting weeks for. In South Korea's delivery republic, that moment is woven deeply into everyday life. Increasingly, some customers are finding small ways to acknowledge the people who make it possible, whether through an iced drink, a snack, an extra meal or simply a note saying thank you and ride safe September 11, 2026
  • Seoul and Tokyo retreat nearly 3% on oil price and Treasury jitters
    Seoul and Tokyo retreat nearly 3% on oil price and Treasury jitters SEOUL, September 11 (AJP) – Seoul and Tokyo stocks lost ground on soaring oil prices and U.S. Treasury yields on renewed Gulf tensions. The benchmark KOSPI stood at 6,847.74 as of 10:30 a.m., down 2.63percent from the previous session. The Nikkei 255 was also down 2.66 percent to 63,554.48. The KOSPI opened more than 3 percent lower at 6,802.50 before paring some of its losses in early trading as retail investors stepped in to buy shares. Retail investors bought a net September 11, 2026
  • KOSPI defends 7,000 despite foreign selloff
    KOSPI defends 7,000 despite foreign selloff SEOUL, September 10 (AJP) -- South Korean stocks recovered from steep early losses on Thursday, with the KOSPI holding above 7,000 despite heavy foreign selling and elevated oil prices, while the KOSDAQ turned higher on institutional buying and semiconductor gains. The benchmark KOSPI fell 0.25 percent or 17.72 points to close at 7,033.92. The index dropped as low as 6,898.45 in morning trading, briefly losing the 6,900 level, before recovering more than 130 points from its intrad September 10, 2026
  • AI, robotics firms help revive South Koreas IPO scene
    AI, robotics firms help revive South Korea's IPO scene SEOUL, September 10 (AJP) –The number of initial public offerings is showing signs of recovery in September, with as many as 11 companies preparing to go public. Artificial intelligence (AI) and robotics firms are emerging as a major source of new listings. Expected fundraising this month is estimated at 400 billion won (US$299 million) to 450 billion won. An early-September estimate by Eugene Investment & Securities put the combined market capitalization of companies expe September 10, 2026
  • KOSDAQ delisting clock starts ticking as menswear brand exits
    KOSDAQ delisting clock starts ticking as menswear brand exits SEOUL, September 10 (AJP) - South Korea's tougher new rules have led to the first KOSDAQ delisting, with men's apparel company Wonpung Mulsan set to leave the market after 29 years and several other micro-cap companies facing a similar fate. Wonpung Mulsan, one of the KOSDAQ's earliest-listed companies and once the South Korean licensee of French fashion brand Nina Ricci, failed to recover the minimum market capitalization of 20 billion won (US$14.5 million). Its shar September 10, 2026
  • Korean brokerages Q2 profit tops 5 tln won on trading boom
    Korean brokerages' Q2 profit tops 5 tln won on trading boom SEOUL, September 10 (AJP) - South Korean brokerages posted a second straight record quarterly profit in the April-June period as a surging stock market drove trading fees and investment gains. Combined net profit at 61 securities firms reached 5.19 trillion won ($3.9 billion) in the second quarter, up 20.0 percent from 4.33 trillion won in the previous three months, according to preliminary data released Thursday by the Financial Supervisory Service (FSS). Earnings jumped 82.1 pe September 10, 2026
  • BOJ September hike view hardens across major houses
    BOJ September hike view hardens across major houses SEOUL, September 10 (AJP) — Expectations that the Bank of Japan (BOJ) will raise its policy rate this month have hardened across economists, markets and major financial houses, although some forecasters still favor an October move. A Reuters poll conducted from Sept. 1 to 8 showed 66 of 68 economists, or 97 percent, expecting the BOJ to raise its policy rate to 1.25 percent on Sept. 18. The figure was up sharply from 57 percent in the previous survey. The survey figure does September 10, 2026