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The South Korean KOSPI index opened down 96.52 points, or 1.15%, at 8314.69 on Monday, June 29.

2026-06-29

The South Korean KOSPI index opened down 96.52 points, or 1.15%, at 8314.69 on Monday, June 29.

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2026-06-29

Kintetsu Railway said a train derailed inside Kyoto Station at about 05:13 local time on June 29. Operators have suspended services in both directions on the Kintetsu Kyoto Line between Kyoto Station and Kami-Tobaguchi while tracks are inspected. No

Kintetsu Railway said a train derailed inside Kyoto Station at about 05:13 local time on June 29. Operators have suspended services in both directions on the Kintetsu Kyoto Line between Kyoto Station and Kami-Tobaguchi while tracks are inspected. No injuries have been reported so far.
2026-06-29

CITIC Securities says early-May dollar strength and rising rate expectations corresponding with an acceleration of global K-shaped market divergence, driven by tightening expectations that damage non-AI demand. The firm judges the K-shaped split has

CITIC Securities says early-May dollar strength and rising rate expectations corresponding with an acceleration of global K-shaped market divergence, driven by tightening expectations that damage non-AI demand. The firm judges the K-shaped split has reached a cyclical extreme; even overseas tech is contracting internally, and pricing across equities, bonds, commodities and FX already reflects early recession-trade signals. If tightening materializes, carbon‑based demand could suffer further; if not, divergence may partially converge. Compared with volatile offshore markets, China’s A-share market shows greater resilience: some non-AI sectors have attracted early (left-side) institutional flows and a few low-valuation pockets have begun to repair, but catalysts are still required.
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