Market

  • South Koreas fixated weak won calls for a long-term policy reset
    South Korea's fixated weak won calls for a long-term policy reset SEOUL, December 09 (AJP) - South Korea is running out of quick fixes. With the local currency stuck in the band of 1,470 won per dollar for nearly a month and inflation pressures reawakening, economists say the country can no longer rely on ad-hoc tools, verbal interventions, or temporary tax cuts to stabilize forex. Instead, the entrenched weakness of the won is exposing the need for a fundamental, long-term overhaul of the nation’s macroeconomic, energy-import, and capit December 9, 2025
  • KOSPI closes higher on LGES battery deal while Chinese and Japanese markets stay flat
    KOSPI closes higher on LGES battery deal while Chinese and Japanese markets stay flat SEOUL, December 8 (AJP) - The South Korean stock market saw gains on Monday, while other major Asian markets including Japan and China, remained flat. South Korea's benchmark KOSPI rose 1.3 percent to close at 4,154.85, while the junior KOSDAQ edged up 0.3 percent to finish at 927.79. Memory chip giant Samsung Electronics gained 0.9 percent, closing at 109,400 won (US$75), and rival SK hynix rose 5.2 percent to 573,000 won. LG Energy Solution, the third-largest company in ter December 8, 2025
  • Asian markets reserved in FOMC week, Japan GDP disappoints
    Asian markets reserved in FOMC week, Japan GDP disappoints SEOUL, December 08 (AJP) - Cautious mood overwhelmed the Asian market opening for the week as investors awaited the rate move and direction signal from the U.S. Federal Open Market Committee (FOMC) meeting later this week. South Korea's KOSPI is trading at 4,103 as of 11:00 a.m. Monday, unchanged from the end of last week. Foreign investors, selling 278.7 billion won ($189 million), and institutions, selling 124.5 billion won, are driving the weakness. Retail investors are December 8, 2025
  • Asian stocks mostly gain while Nikkei slips on interest rate concerns
    Asian stocks mostly gain while Nikkei slips on interest rate concerns SEOUL, December 5 (AJP) - Asian stock markets closed mixed on Friday, with most bourses, including South Korea's, posting gains, while Japan slipped amid uncertainty over its benchmark interest rate. In Seoul, the benchmark KOSPI closed at 4,096.13, up 1.68 percentage points from the previous session. Foreign investors buoyed the market with net purchases of stocks worth 770.7 billion Korean won ($524 million). The inflow appears to be driven by investors seeking other opport December 5, 2025
  • Asian stocks mostly down early Friday ahead of FOMC week
    Asian stocks mostly down early Friday ahead of FOMC week SEOUL, December 05 (AJP) - Asian stocks were mostly lower in early Friday trading as investors stayed on the sidelines ahead of next week’s Federal Open Market Committee meeting, which is expected to set the tone for U.S. rate policy in 2025. In Seoul, the benchmark KOSPI rose 0.5 percent to 4,047.41, while the KOSDAQ slipped 0.7 percent to 923.70 as of 10:05 a.m. Samsung Electronics gained 1.9 percent to 107,050 won ($72.8), whereas SK hynix fell 0.7 percent to 538,000 won. December 5, 2025
  • HYBE shares dip after court orders freeze in chair Bangs stock holdings
    HYBE shares dip after court orders freeze in chair Bang's stock holdings SEOUL, December 05 (AJP) - Shares of South Korea's entertainment giant HYBE slid more than 1 percent early Friday after a Seoul court approved the prosecution request for a freeze on the stock holdings of its founder and largest shareholder Bang Si-hyuk worth 156.8 billion won ($106 million) while the investigation on malpractice related to pre-listing share transactions proceeded. The KOSPI-trading shares are down 1.4 percent at 291,250 won as of 9:40 a.m. in Seoul. Bang o December 5, 2025
  • Nikkei soars, KOSDAQ active with robotics helped by Trumps mention
    Nikkei soars, KOSDAQ active with robotics helped by Trump's mention SEOUL, December 04 (AJP) - Japanese stocks defied concerns over a potential unwinding of the yen carry trade to push back above the 50,000-point threshold, while activity was subdued across most of Asia. South Korea’s KOSPI closed 0.19 percent lower at 4,028.51 on Thursday. After sliding more than 1 percent in early trading, the index pared losses in the afternoon as foreigners took profits and nearly all U.S. megacap tech stocks—excluding AMD—declined overnight. December 4, 2025
  • Asian market mostly flat early Thursday, KOSDAQ stands out
    Asian market mostly flat early Thursday, KOSDAQ stands out SEOUL, December 04 (AJP) - Asian equities were mostly flat in early Thursday trading as investors stayed on the sidelines ahead of next week’s Federal Open Market Committee meeting in the United States. In Seoul, the benchmark KOSPI slipped 0.5 percent to 4,017.89, while the tech-heavy KOSDAQ surged 9.2 percent to 934.21 as of 9:01 a.m. The secondary market’s total capitalization topped the 500-trillion-won level for the first time, buoyed by reports that the government December 4, 2025
  • Seoul lifts 2026 cap for foreign-currency sovereign bonds to $5 bn
    Seoul lifts 2026 cap for foreign-currency sovereign bonds to $5 bn SEOUL, December 04 (AJP) - South Korea has raised the ceiling for next year’s foreign-currency denominated sovereign bond issuance to $5 billion from $3.4 billion offerings this year, giving authorities more firepower to stabilize the won as demand for U.S. dollars can intensify to finance the government’s pledged $20 billion in annual U.S. investments. The stretch marks the largest foreign-currency borrowing capacity since crisis periods—$6 billion cap in 2009 a December 4, 2025
  • Major Asian markets climb; China slips on deepening recession fears
    Major Asian markets climb; China slips on deepening recession fears SEOUL, December 03 (AJP) - Asian equity markets ended mixed on Wednesday, with South Korea, Japan and Taiwan advancing on rising expectations of a U.S. interest rate cut, while China-related indices slid across the board amid renewed recession worries. The Korean won closed at 1,467.8 per dollar, up 1.7 won, supported by sustained foreign and institutional buying on the KOSPI and what traders described as “steady, visible intervention” by financial institutions and FX December 3, 2025