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Finance Minister Koo Yoon-cheol apologized to a lawmaker on Wednesday after two consecutive circuit-breaker halts in Korean stocks, saying the government regretted introducing a single-stock leveraged ETF without sufficient deliberation. Koo said off

2026-07-29

Finance Minister Koo Yoon-cheol apologized to a lawmaker on Wednesday after two consecutive circuit-breaker halts in Korean stocks, saying the government regretted introducing a single-stock leveraged ETF without sufficient deliberation. Koo said officials are internally studying market-stabilization measures and that further adjustments to rules on single-stock leveraged ETFs are possible to address volatility. The KOSPI plunged as much as 12% intraday following an early-session drop of over 6%, later narrowing to around an 8% decline. Index heavyweight SK Hynix fell as much as 17% after earnings before trimming losses to roughly 8%.

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2026-07-28

Iran’s Hatam al-Anbiya central command spokesman told state broadcaster IRIB on the 28th that any country or company that accepts the US using frozen Iranian assets to compensate vessels damaged in US‑Iran clashes will have its ships Barred from tran

Iran’s Hatam al-Anbiya central command spokesman told state broadcaster IRIB on the 28th that any country or company that accepts the US using frozen Iranian assets to compensate vessels damaged in US‑Iran clashes will have its ships Barred from transiting the Strait of Hormuz, effective immediately. The spokesman referenced President Trump’s prior announcement to use frozen Iranian assets for compensation and said the vessel damage was caused by US‑created regional insecurity and by illegal, unsafe navigation in the southern Strait of Hormuz.
2026-07-29

Iran's deputy foreign minister said he has not received any request to negotiate with the United States in the past 15 days.

Iran's deputy foreign minister said he has not received any request to negotiate with the United States in the past 15 days.
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