Market

  • Koreas postwar securities issues rise modestly on frontload demand amid rising yields
    Korea's postwar securities issues rise modestly on frontload demand amid rising yields SEOUL, March 31 (AJP) -South Korea’s corporate direct financing rose in February, with stock and bond issuance climbing 8.5 percent from a month earlier, buoyed by a pre-war equity rally and a rush to secure funding ahead of further rate increases, data showed Tuesday. Total public offerings of stocks and corporate bonds reached 19.25 trillion won ($14.2 billion), up 1.5 trillion won from January, according to the Financial Supervisory Service. Equity financing led the incr March 31, 2026
  • Little sign of relief for the Korean won and bonds amid capital flight
    Little sign of relief for the Korean won and bonds amid capital flight SEOUL, March 30 (AJP) - South Korean stocks are holding up — still more than 20 percent above year-end — but the won and bonds are taking a far heavier hit as capital flees amid the Middle East crisis, with little relief in sight unless Gulf shipping routes reopen. Seoul markets opened the week under pressure as the war in the Persian Gulf dragged into a second month with widening fronts and no clear resolution. Both the KOSPI and KOSDAQ fell about 3 percent Monday March 30, 2026
  • Korean stocks tumble as oil surge rattles markets; Shanghai stands out as rare gainer
    Korean stocks tumble as oil surge rattles markets; Shanghai stands out as rare gainer SEOUL, March 30 (AJP) - Korean stocks tumbled Monday as surging oil prices and escalating geopolitical tensions triggered a broad selloff across Asia, while China's Shanghai Composite stood out as the only major regional index to close higher. The benchmark KOSPI fell 2.97 percent to close at 5,277.30, after plunging as much as 5.3 percent in early trading. The index pared some losses toward the close as retail and institutional buying emerged, but remained under pressure throug March 30, 2026
  • Korea to adopt a new overnight repo benchmark
    Korea to adopt a new overnight repo benchmark SEOUL, March 30 (AJP) -South Korea will overhaul its benchmark interest rate system, phasing out vulnerable quote-based rates and shifting to a transaction-based standard to prevent manipulation risks and strengthen market credibility. The Financial Services Commission (FSC) finalized the reform plan Monday at a joint meeting with the Bank of Korea (BOK) and the Financial Supervisory Service (FSS), marking one of the most comprehensive changes to the country’s rate-setting f March 30, 2026
  • Chicken prices surge as prolonged avian flu cuts supply
    Chicken prices surge as prolonged avian flu cuts supply SEOUL, March 30 (AJP) - Surging chicken prices are putting South Korea's poultry industry on alert. The spread of highly pathogenic avian influenza has cut broiler supplies, while a weaker won has added to feed-cost burdens, increasing pressure for broader price hikes. According to market insiders on Monday, major poultry producers, including Harim, Allpum, and Maniker, have recently raised prices to large retailers by about 5 to 10 percent. The increase comes amid a supply sh March 30, 2026
  • KOSPI and Nikkei tumble on oil price surge and anxiety over prolonged war
    KOSPI and Nikkei tumble on oil price surge and anxiety over prolonged war SEOUL, March 30 (AJP) — South Korean and Japanese stocks plunged more than 4 percent at the open Monday as oil prices surged on Yemen’s Houthi rebels entering the Iran conflict stoked fears of a broader and prolonged war. May futures for international benchmark Brent crude rose 2.92 percent to $115.86 per barrel during early Asia hours, while U.S. West Texas Intermediate futures were 3.20 percent higher at $102.80 per barrel. Reports that China-linked vessels were March 30, 2026
  • Asian stocks drift lower as Iran conflict drags on, AI memory jitters weigh
    Asian stocks drift lower as Iran conflict drags on, AI memory jitters weigh SEOUL, March 27 (AJP) - Asian equities ended the week on a subdued note as the Iran conflict stretched into a month-long standoff, while fresh concerns over AI-driven memory demand added another layer of uncertainty for investors. Brent crude rose 1.5 percent to $109.5 per barrel and West Texas Intermediate gained 0.9 percent to $95.3, keeping pressure on energy-importing economies already strained by prolonged geopolitical risks. Regional markets moved in mixed directions. Jap March 27, 2026
  • Asian stocks fall as geopolitical tensions rise and tech shares weaken
    Asian stocks fall as geopolitical tensions rise and tech shares weaken SEOUL, March 27 (AJP) — The Seoul bourse led broad losses across Asia as the toll from the Middle East crisis weighed heavily on the region, largely dependent on energy and commodities, with the critical transit Strait of Hormuz remaining crippled for a month. In Japan, the Nikkei 225 fell 1.61 percent to 52,738.55 in morning trade, as selling pressure mounted on concerns over a possible deployment of U.S. ground troops. Expectations for ceasefire negotiations also weakened March 27, 2026
  • Foreign investors dumped nearly 20 trillion in South Korean stocks last month
    Foreign investors dumped nearly 20 trillion in South Korean stocks last month SEOUL, March 27 (AJP) - Foreign investors offloaded nearly 20 trillion Korean won (US$12.98 billion) worth of South Korean shares last month, extending their selling streak to a second consecutive month, according to data released by the Financial Supervisory Service on Friday. Foreign investors net sold 19.56 trillion won worth of shares - including 19.31 trillion won on the benchmark KOSPI and 239 billion won on the junior KOSDAQ - resulting in a net outflow of 12.13 trillion March 27, 2026
  • INTERVIEW: AI may turn Koreas inward finance into strategic edge: Carstens
    INTERVIEW: AI may turn Korea's inward finance into strategic edge: Carstens SEOUL, March 27 (AJP) - Unlike globally recognized industrial giants such as Samsung, LG and Hyundai, South Korea’s financial sector remains relatively underexposed overseas — yet its domestic orientation could become a strategic advantage in the era of artificial intelligence, a former top central banker said. Artificial intelligence is set to fundamentally reshape financial intermediation, from payments to supervision, according to Agustín Carstens, former g March 27, 2026