Markets & Stocks
- KOSPI Crashes 8.95% Below 7,000 in Chip-Led Selloff
South Korea's KOSPI plunged 8.95% to close at 6,806 on July 13, breaking below the 7,000 mark as Samsung and SK Hynix led a broad semiconductor selloff.
- KOSPI Plunges 8.95% to 6,806 as Chip Selloff Shatters 7,000 Line
South Korea's KOSPI crashed 8.95% to close at 6,806 on July 13, breaking below 7,000 and triggering circuit breakers amid a semiconductor-led rout.
- Hong Kong Overtakes Switzerland as Top Offshore Wealth Hub
Hong Kong has surpassed Switzerland as the world's largest offshore wealth management center, propelled by a sustained wave of mainland Chinese capital.
- Shinhan Investment Securities Drops Front-End Fees on New Light Fund
Shinhan Investment Securities launched Light, an online-only fund lineup that removes front-end sales charges under an aggressive low-cost pricing policy.
- Korean Won Hovers Just Above 1,500 to the Dollar at Daily Fix
The won held near the 1,500-per-dollar line at the 15:30 reference fix, closing at 1,506.1 before easing back to 1,501.4 the following session.
- SK Hynix Debuts on Nasdaq, Jumping 13% Above Its Offer Price
SK Hynix opened at $170 on Nasdaq, up roughly 14% over its offer price and closing about 13% higher on its first trading day.
- Korean Won Slips Back Below Support as Dollar Rate Retops 1,500
The won/dollar rate rose 7.6 won to 1,506.1 on July 9, climbing back above the 1,500 line just a day after settling at 1,498.5.
- Gyeonggi and Incheon Apartments Trade Across a Wide Price Band in Early July 2026
Early-July 2026 registry filings show apartments in Seongnam, Suwon, Incheon and Yongin trading from 270 million to 1.38 billion won.
- KOSPI Plunges 8%, Triggering Circuit Breaker as Index Sinks Below 7,500
South Korea's KOSPI crashed roughly 8% intraday, breaching the 8,000 and then 7,500 levels and forcing an emergency circuit-breaker trading halt.
- Seoul Metro Apartment Trades Point to a Split Market in Mid-2026
Ministry of Land data from late June–early July 2026 shows Hanam and Seoul apartments clearing 1.4–1.6 billion won while Songdo and Yongin stall near 600–900 mi
- Korea's June 2026 Apartment Sales Expose a Widening Price Divide
Late-June 2026 transaction records show Seoul's Gangnam and Jamsil holding multi-billion-won prices while Daegu and Busan stay near 500M–1B won.
- KOSPI Snaps Back 5.76%, Reclaims 8,000 as Chip Giants Lead Rebound
KOSPI rebounded 5.76% to reclaim the 8,000 mark one day after a steep sell-off, driven by 8%-plus gains in Samsung Electronics and SK Hynix.
- Korea's KOSPI Stages Record Swing, Rebounds 5.76% to Reclaim 8,000
KOSPI fell to the 7,400 range on an 11th day of foreign selling before chipmaker gains flipped the index to a 5.76% close above 8,000.