Market
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Asian equities tumble as Fed leadership shift triggers selloff
SEOUL, February 02 (AJP) - Asian equities tumbled on Monday, with South Korean markets suffering steep losses as global risk appetite deteriorated amid renewed uncertainty over U.S. monetary policy, prompting investors to dump risk assets across the region. South Korea’s benchmark KOSPI fell 5.26 percent to close at 4,949.67, the index’s sharpest single-day decline since April 7, 2025. The index opened sharply lower and extended losses through the session as foreign
February 2, 2026
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Hawkish Fed expectations weigh on markets, drag Korean shares lower
SEOUL, February 02 (AJP) – Asian stocks fell broadly after U.S. President Donald Trump nominated former Federal Reserve governor Kevin Warsh as the next Fed chair, prompting investors to scale back expectations for further interest-rate cuts. Warsh is widely viewed as an inflation hawk, and his nomination triggered a shift in rate expectations that rippled through financial markets. South Korean equities opened lower, U.S. stock futures weakened, gold and silver prices fell
February 2, 2026
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KOSPI shatters records in historic January rally
SEOUL, February 01 (AJP) -South Korea’s benchmark KOSPI delivered one of the most explosive monthly rallies in the history of the local stock market in January, with virtually every major indicator posting record or near-record figures. According to the Korea Exchange (KRX), the KOSPI closed January at 5,224.36 last Friday, up 1,010.19 points from the previous month-end. The index gained 23.97 percent over the month, marking its strongest monthly performance since October 19
February 1, 2026
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SK hynix marches toward historic milestone in otherwise lackluster Asian market
SEOUL, January 30 (AJP) — SK hynix continued its relentless advance Friday, propelled by frenzied retail buying toward the symbolic 1-million-won milestone, even as broader Asian markets struggled for direction. The chipmaker's surge briefly lifted Korea's benchmark KOSPI above the 5,300 level earlier in the session, though the index later pared gains to finish nearly flat at 5,224.36. The junior KOSDAQ retreated 1.29 percent to 1,149.44, taking a breather after a stun
January 30, 2026
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Semiconductor rally lifts KOSPI to fresh record as SK hynix tops 900,000 won
SEOUL, January 30 (AJP) – Asian equities opened higher on Friday, with South Korean stocks leading the way. The KOSPI extended its rally to another intraday record, with SK hynix breaking above a new milestone. SK hynix shares climbed for a fourth straight session on Friday, breaking above the 900,000-won mark for the first time on record. As of 9:58 a.m. Seoul time, the stock was trading up 6.85 percent at 920,000 won. Improved investor sentiment followed its record ea
January 30, 2026
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Seoul stays on U.S. currency monitoring list, FX intervention "broadly symmetrical"
SEOUL, January 30 (AJP) -South Korea remained on the U.S. Treasury Department’s currency Monitoring List in its latest semiannual report, on widened external surpluses and sizeable bilateral trade imbalance with the United States, while finding the Korean won's weakness "not in line with" the country's "strong fundamentals. In its January 2026 Report to Congress on the Macroeconomic and Foreign Exchange Policies of Major Trading Partners of the United
January 30, 2026
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Asian shares struggle for direction amid Fed signals, Middle East tensions
SEOUL, January 29 (AJP) - Asian markets closed mixed on Thursday as investors struggled to find direction amid conflicting signals from corporate earnings, central bank policy and rising geopolitical tensions, a combination that kept volatility elevated across the region. Currency markets reflected the uncertainty. The South Korean won was quoted at 1,428.9 per dollar at 4:40 p.m., down 4.6 won from the previous close. While the won pared earlier losses as the U.S. dollar weakened
January 29, 2026
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Asian equities swing flat in post-FOMC early trade; KOSDAQ unfazed
SEOUL, January 29 (AJP) - Asian equities traded unevenly in early Thursday sessions following the Federal Open Market Committee (FOMC) decision, with key indices swinging between gains and losses as investors struggled to digest a flood of corporate earnings alongside a renewed rebound in the U.S. dollar. The previous rally in South Korea and Taiwan gave way to choppy, directionless trading, while mainland China and Japan remained clouded by uncertainty, making it difficult for in
January 29, 2026
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KOSPI Tops 5,200 for First Time
South Korea’s benchmark KOSPI index topped 5,200 points for the first time, extending a rally into a third straight session after closing above 5,000 on Jan. 27. According to the Korea Exchange, the index rose 2.61 points, or 1.40%, from the previous session to trade at 5,243.42 shortly after the open, pushing past the 5,200 mark.* This article has been translated by AI.
January 29, 2026
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South Korea’s Kospi Opens Up 1.40% to 5,243.42; Kosdaq Rises 1.76%
South Korea’s Kospi opened up 72.61 points, or 1.40%, at 5,243.42. The Kosdaq opened up 19.91 points, or 1.76%, at 1,153.43.* This article has been translated by AI.
January 29, 2026