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Bank of Korea governor said the South Korean economy is expected to remain strong and that prices will stay above target for a considerable period.
2026-10-12
Bank of Korea governor said the South Korean economy is expected to remain strong and that prices will stay above target for a considerable period.
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2026-10-12
Taiwan Stock Exchange Weighted Index (TAIEX) closed down 11.48 points, or 0.02%, at 49,301.96 on Monday, Oct. 12.
Taiwan Stock Exchange Weighted Index (TAIEX) closed down 11.48 points, or 0.02%, at 49,301.96 on Monday, Oct. 12.
2026-10-12
South Korean stocks fell sharply on Monday as traders returned from a long holiday and assessed the risk that a new round of Middle East attacks could further disrupt global energy supplies. The KOSPI dropped 241.69 points, or 3.65%, to 6,384.24 — it
South Korean stocks fell sharply on Monday as traders returned from a long holiday and assessed the risk that a new round of Middle East attacks could further disrupt global energy supplies. The KOSPI dropped 241.69 points, or 3.65%, to 6,384.24 — its lowest close since Aug. 11. The won strengthened, reaching its strongest intraday level versus the dollar since Oct. 4, 2024, while benchmark government bond yields fell. Chip names led losses: Samsung Electronics down 4.39%, SK Hynix down 4.52%. Other large caps: LG Energy Solution -0.75%, Hyundai Motor -1.39%, Kia +1.22%. Foreign investors were net sellers of Korean equities for 2.0169 trillion won.
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