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South Korean stocks fell over 3% on Tuesday, with the KOSPI closing at its lowest level since April 7 as semiconductor shares slid on AI-investment worries. The KOSPI dropped 215.27 points, or 3.73%, to 5,552.74 after a two-day rebound. Daishin Secur

2026-10-20

South Korean stocks fell over 3% on Tuesday, with the KOSPI closing at its lowest level since April 7 as semiconductor shares slid on AI-investment worries. The KOSPI dropped 215.27 points, or 3.73%, to 5,552.74 after a two-day rebound. Daishin Securities analyst Lee Kyoung-min said: "The recent rebound has limited sustainability because concerns over credit and profitability around AI investment have not been fully dispelled."

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2026-10-20

Turkey finance minister SIMSEK said he will not delay implementation of fund regulations announced by the Capital Markets Board.

Turkey finance minister SIMSEK said he will not delay implementation of fund regulations announced by the Capital Markets Board.
2026-10-19

Oct 15-18 marked the opening phase of the 2026 Douyin Mall Double 11 shopping festival. Platform tiered support boosted SME performance: store-livestream rooms with GMV >10 MLN yuan rose 98% YoY; new store-livestream merchants crossing the 10 MLN yua

Oct 15-18 marked the opening phase of the 2026 Douyin Mall Double 11 shopping festival. Platform tiered support boosted SME performance: store-livestream rooms with GMV >10 MLN yuan rose 98% YoY; new store-livestream merchants crossing the 10 MLN yuan GMV threshold rose 133% YoY. Coupon promotions lifted the number of merchants with GMV >1 MLN yuan by 38% YoY, those >10 MLN yuan by 36% and those >100 MLN yuan by 200% YoY. By sector, agri-fresh and pet merchants with GMV >10 MLN yuan rose 250% and 200% YoY respectively; maternal & baby and FMCG sectors also generated incremental merchant growth.
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