South Korea Martial Law Ends. Why Its Stock Market Is Still Dropping.
The KOSPI, the country’s stock market, finished 1.4% lower and the Korean won was little changed against the dollar.
Stock market today: Global stocks mixed, Kospi down 1.4%, as South Korea's political drama calms
South Korea’s Kospi closed 1.4% lower to 2,464.00. Shares of Samsung Electronics, the country's biggest company, fell 0.9%. Meanwhile, the country’s financial regulator said they were prepared to deploy 10 trillion won ($7.07 billion) into a stock market stabilization fund at any time, the Yonhap news agency reported.
South Korea’s Already Shaky Markets Further Rattled by Political Turmoil
Officials pledged “unlimited” support to markets as traders digested the implications of South Korea’s brief declaration of martial law.
Gold Steadies as Market Weighs Turmoil in South Korea and France
Gold steadied as traders took stock of political turmoil in South Korea and France, which has buoyed demand for haven assets.
US stocks surge to records, shrugging off upheaval in South Korea, France
NEW YORK - Wall Street stocks surged to fresh records on hopes about easing US monetary policy, shrugging off political upheaval in South Korea and France. All three major US indices scored records, with the Dow Jones Industrial Average finishing above 45,000 for the first time.
South Korea stocks pummeled amid government turmoil following declaration of martial law
It's the first time martial law was declared in South Korea since 1980. Stocks plunged, but the market stabilized as parliament voted to lift the order.
Asian stocks slide, Kospi down 1.4%, as South Korea's political drama settles
Asian markets are mostly lower after overnight political drama in South Korea added to regional uncertainties.
Global stocks grapple with political turmoil in South Korea, France
Global shares were mixed and the euro was steady on Wednesday as markets digested political turmoil in South Korea, where martial law was imposed then lifted hours later, and in France, where a no-confidence vote looked set to topple the government.
Political tensions in France, Korea help steady gold prices
Gold and silver traded higher slightly on Wednesday — at $2,655 an ounce and $31.40, respectively — as investors took note of increasing political tensions in France and Korea, adding to an already tumultuous 2024.
South Korea’s Markets Won’t Easily Shake Off the Martial Law Debacle
Global investors won’t soon forget Seoul’s amateur hour political performance, William Pesek writes in a guest commentary.
South Korea regulator is ready to deploy 10 trln won stock market stabilization fund anytime -Yonhap
South Korea's financial regulator said on Wednesday that it was ready to deploy 10 trillion won ($7.07 billion) in a stock ...
South Korea's Won, Stocks Fall After President Yoon Declares Martial Law
South Korean stocks and exchange-traded funds listed in New York fell, while the won tumbled, after South Korea’s president ...
Intuitive Machines lands funding from South Korea-based pharma company
An international company with a concrete interest in commercial space has returned to Houston to invest in another local ...