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Sunday, Nov, 8, 2026

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ECONOMY

  • KOSPI skids 6% after circuit breaker, clinging to 5,000 level

    South Korea's benchmark KOSPI plunged more than 8% during trading Friday, briefly falling below the 5,000-point mark before recovering some of its losses to close above 5,050. Foreign investors sold more than 2.7 trillion won worth of shares on a net basis amid a sharp sell-off in U.S. technology stocks, with semiconductor heavyweights Samsung Electronics an..

  • Mortgage rates climb back to 6%

  • South Korea’s major banks have raised mortgage rates back into the 6% range for the first time in two years, signaling a tightening lending environment as..
  • KDI raises 2026 growth outlook to 1.8% amid easing domestic slump

  • South Korea’s economic growth outlook for 2026 is brightening, with major state and financial research institutes projecting growth close to the 2% range,..
  • Blue chips dominate as Kospi powers past 4,000

  • The Kospi’s surge past the 4,000-point mark has only deepened the market’s concentration in large-cap stocks. New data show that the five largest conglomer..
  • Global banks lift Korea growth outlook on chip exports

  • Major global investment banks (IBs) and Korean securities firms are revising their 2026 economic growth forecasts for South Korea upward, citing sustained..
  • kospi rebounds 2.2% to open at 4,092.46

  • On November 6 at 9:12 a.m., the Kospi opened at 4,092.46, up 88.04 points, or 2.20%, staging a rebound just a day after a pullback. The Kospi hovered..
  • Korea’s FX reserves rise to $428.82 billion

  • Operating gains and new foreign-currency stabilization bond issuance helped lift South Korea’s foreign-exchange reserves in October. On November 5, th..
  • October inflation hits 2.4% amid higher food, energy costs

  • South Korea’s consumer prices rose at the fastest pace in more than a year in October, driven by higher costs for farm goods, processed foods, and petroleu..
  • Semiconductor boom to drive bigger share of KOSPI profits in 2026

  • As the KOSPI index soars past the 4,100 mark to reach an all-time high, analysts forecast that the semiconductor sector will take an even larger share of t..
  • Daily FX transactions surge to record as foreign investors return

  • South Korea’s average daily foreign exchange (FX) trading volume reached an all-time high of $82.8 billion in the third quarter, boosted by extended tradin..
  • KOSPI breaks 4,000 points for the first time ever

  • South Korea’s benchmark KOSPI index has broken the 4,000-point mark for the first time ever, setting a new record in the nation’s stock market history.&nbs..
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"Hallyu ban to be removed quickly": Hopes of thaw in Seoul-Beijing ties

· "Efforts will be made to remove Hallyu ban quickly"
· SK Group Chairman heads to Japan to soften "WD risk"

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