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Goldman Lifts Kospi Target to 12,000, Upgrades Taiwan to Buy
The Korea Value-up and the Korea Composite Stock Price Index (Kospi) displayed at the Korea Exchange (KRX) in Seoul, South Korea, on Thursday, May 7, 2026. South Korea’s equity market has overtaken Canada’s as the world’s seventh largest, propelled by insatiable demand for chips powering artificial intelligence.
Foreign investors have dumped billions of dollars of Korean stocks this year despite record rally. Here's why
Foreign investors have dumped billions of dollars' worth of South Korean stocks this year, even as the Kospi has emerged as one of the world's standout performers thus far, with record year-to-date gains. On Monday, overseas investors had unloaded a net 1.24 trillion won (about $801 million) worth of Kospi-listed shares as of 11am Singapore time (11p.m. ET Sunday), according to Korea Exchange data. "Foreign investors continued to sell the Kospi market, driven by outflows for Kospi Tech and...
US adversaries China, North Korea strengthening ties as Xi, Kim set to begin talks
A pair of U.S. adversaries — China and North Korea — appear to be strengthening relations, with Chinese President Xi Jinping's arrival in Pyongyang on Monday for a rare state visit. This is Xi's first trip to North Korea in seven years, and experts say the visit is likely aimed at reasserting China’s unique influence over North Korea in exchange for providing economic and political benefits. Xi is scheduled to meet North Korean leader Kim Jong Un in what will be their first summit since...
A massive 16% market swing just rocked South Korea over 24 hours. The retail ‘ants’ holding the wheel are driving dangerously.
Increasing use by retail investors or ‘ants’ of leveraged products to gain fast exposure to market upside is amplifying market volatility on Korea’s rollercoaster exchange.
Korea, Taiwan Stock Rallies Fail to Wow Foreign Investors
The Korea Composite Stock Price Index (Kospi), the exchange rate between the South Korean won and U.S. dollar and the Korean Securities Dealers Automated Quotations (Kosdaq) displayed inside the Woori Bank trading room in Seoul, South Korea, on Thursday, May 7, 2026. South Korea's equity market has overtaken Canada's as the worlds seventh largest, propelled by insatiable demand for chips powering artificial intelligence. Photographer: SeongJoon Cho/Bloomberg
Exclusive-Dollar demand estimated at $1.5 billion cleared in South Korea -source
Exclusive-Dollar demand estimated at $1.5 billion cleared in South Korea -source SEOUL, June 10 : The massive demand for foreign exchange conversions tied to SpaceX's IPO, which has weighed heavily on the South Korean won in recent weeks, has been cleared, a source familiar with the matter told Reuters on Wednesday. The estimated $1.5 billion in orders for dollar purchases has reached its final stage, said the source who has information on dollar-won onshore market transactions.
Asia’s stock markets dive amid Iran-Israel conflict, Wall Street jitters
Asia’s stock markets dive amid Iran-Israel conflict, Wall Street jitters South Korea’s main index plunges nearly 9 percent, while stocks in Japan, Taiwan and Hong Kong also see sharp falls. Asia’s major stock markets have dropped sharply amid the resumption of conflict between Israel and Iran and growing expectations of interest rate hikes in the United States. South Korea’s stock market suffered the steepest losses amid a region-wide sell-off on Monday, as investors followed Wall Street’s...
Unbreakable Kim? China's Xi visits Russia-backed North Korean leader
China's Xi visits Russia-backed North Korean leader To display this content from YouTube, you must enable advertisement tracking and audience measurement. Issued on: Modified: It takes convincing these days to get China’s leader to go abroad. Xi Jinping’s just wrapped up what was only his first foreign visit of 2026.
Has Xi Jinping’s North Korea visit helped cement China’s vital role?
Advertisement Has Xi Jinping’s North Korea visit helped cement China’s vital role? The Chinese leader’s meetings with Kim Jong-un may have helped underline that Pyongyang cannot do without Beijing’s economic support 3-MIN READ3-MIN Listen Chinese President Xi Jinping’s visit to North Korea may have helped cement China’s “indispensable” role in ensuring regional stability and highlighted its importance to his host’s economy, analysts said. The Chinese president wrapped up his visit on Tuesday...
Spielberg Hasn’t Abandoned Hope for Humanity
Steven Spielberg is sometimes unfairly tagged as the ultimate Boomer, repeatedly harkening back to the entertainment that spellbound him in his youth. And there was a time, far earlier in his career, when that label stuck better—when Indiana Jones, friendly aliens, mean dinosaurs, and Peter Pan himself dominated the director’s filmography. But throughout the 21st century, Spielberg has been quite loudly devoted to commenting on the times he’s living through, whether by plumbing the past...