Market
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Korea leads broad Asian fall on disappointment at Trump address
SEOUL, April 02 (AJP) - Asian stocks fell Thursday, led by energy-dependent South Korea, as U.S. President Donald Trump’s much-hyped address failed to deliver clarity on reopening the Strait of Hormuz, leaving markets with more uncertainty than relief. Trump, speaking in a nationally televised address at 10 a.m. Korea time, said the conflict could continue for “two to three more weeks,” while offering no clear commitment to restoring access to the key shipping ro
April 2, 2026
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Asian markets rally on ceasefire hopes, Seoul stocks surge over 8%
SEOUL, April 1 (AJP) - Asian markets rose as ceasefire hopes strengthened after U.S. President Donald Trump signaled a potential de-escalation within weeks, while Iran indicated willingness to end the conflict provided attacks do not resume. Japan’s Nikkei 225 jumped 5.24 percent to trade at 53,739.68, marking its biggest gain of the year and the fourth-largest on record, as overseas investors bought on easing Middle East tensions. Semiconductor stocks led the rally, wit
April 1, 2026
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Stock, FX, and debt in triple win in Seoul, but lasting strength hinges on Gulf
SEOUL, April 1 (AJP) — South Korea's war-beleaguered capital markets roared back with all three assets — stocks, the won and bond prices — strengthening sharply Wednesday, helped by talk of a Gulf war endgame and a rush of foreign capital into the debt market on the first day of Korea’s inclusion in the World Government Bond Index. But since much of the rally hinges on Gulf developments, the sustainability of the gains remains in question. The doll
April 1, 2026
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Hot Stock: Debt overhang drags Hanwha Solutions in recovery bourse
SEOUL, April 01 (AJP) -Shares of Hanwha Solutions Co. were largely grounded and sidelined from a KOSPI rebound of more than 7 percent from expectations of a Gulf war exit Wednesday, weighed down by debt overhang and dilution concerns. In its disclosure of 2025 annual report, the company classified a €215 million ($249 million) foreign-currency loan held by its European subsidiary, Q Energy Solutions SE, as a current liability despite its maturity dated February 2028. The lo
April 1, 2026
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Seoul leads Asian bourse rally on war endgame hopes
SEOUL, April 01 (AJP) - Asian markets surged Wednesday, with Seoul leading gains as investors moved on bargain-hunting opportunities amid signs the Middle East conflict may be winding down. U.S. President Donald Trump is due to hold a press conference later Wednesday after signaling a possible withdrawal of U.S. forces from Iran within “two to three weeks.” Overnight, the Dow Jones Industrial Average rose 2.5 percent, while the S&P 500 and Nasdaq Composite gai
April 1, 2026
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Korean stocks and won roar back on Gulf endgame hopes
SEOUL, April 01 (AJP) - The first buy-side sidecar in 10 trading sessions was triggered on the Seoul bourse at the open Wednesday, as the market surged nearly 5 percent with institutions returning in force on expectations the war may be winding down following overnight comments by U.S. President Donald Trump. The benchmark KOSPI rose 4.9 percent to reclaim the 5,300 mark, while the KOSDAQ gained 4.6 percent to move above 1,100. The U.S. dollar also fell back below the 1,510
April 1, 2026
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Asian stocks slump on war fears, chip rout hits KOSPI
SEOUL, March 31 (AJP) - Asian stocks overall traded lower on Tuesday, with South Korea’s benchmark KOSPI extending losses for a fourth straight session amid uncertainty surrounding the Iran crisis and weakness in global semiconductor shares. Japan’s Nikkei 225 fell 1.58 percent to 51,063.72, Hong Kong's Hang Seng Index edged down 0.16 percent to 24,712.24, China’s Shanghai Composite Index fell 0.80 percent to 3,891.86, and Taiwan’s TAIEX Index fell 2.45
March 31, 2026
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Korea burned $22.5 bln defending won Q4, USD-KRW nears 1,530
SEOUL, March 31 (AJP) -South Korea spent a staggering $22.5 billion in the final quarter of 2025 to stabilize the won, as the currency hovered near crisis-era lows amid intensifying capital outflows and dollar demand, central bank data showed. Net dollar sales for “market stability” surged to $22.47 billion in the fourth quarter, the Bank of Korea said in its disclosure of its intervention balance sheet — a sharp escalation from $1.75 billion in the third quarter,
March 31, 2026
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Asiana Airlines to cut int'l flights amid soaring oil prices
SEOUL, March 31 (AJP) - Asiana Airlines will cut about a dozen flights on four international routes this spring amid rising oil prices caused by the prolonged conflict in the Middle East. The flagship carrier said on Tuesday it canceled seven flights from Incheon to Changchun, China; three flights to Harbin; and two flights each to Phnom Penh, Cambodia, and Yanji, China for the months of April and May, as jet fuel prices surged sharply. "We will minimize inconvenience for
March 31, 2026
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Korean Economy/Business Calendar
SEOUL, March 31 (AJP) - Apr. 2 (Thu) Mar. 2026 Consumer Price Index (Preliminary) - Ministry of Data and Statistics Apr. 8 (Wed) Feb. 2026 Balance of Payments (Preliminary) - Bank of Korea Apr. 9 (Thu) 2025 Flow of Funds (Preliminary) - Bank of Korea Apr. 15 (Wed) Feb. 2026 Money and Liquidity - Bank of Korea Mar. 2026 Export/Import Price & Trade Indexes - Bank of Korea Mar. 2026 Employment Trends - Ministry of Data and Statistics Apr. 22 (Wed) Mar. 2026
March 31, 2026