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Kospi plunge and Solidigm listing fears fuel backlash against ruling party
Korea’s Kospi selloff and concerns over a potential Solidigm Nasdaq listing are intensifying retail investor anger at the Democratic Party over shareholder value dilution.
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National Pension Service hamstrung as Kospi plunges
The National Pension Service’s limited buying during Korea’s market rout highlights the cost of suspending rebalancing during the previous rally.
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What goes up must come down
The Kospi and Kosdaq each fell more than 7 percent on Oct. 15 after circuit breakers were triggered during trading.
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Korea, Japan agree to extend $10 billion currency swap through 2029
The three-year extension keeps the dollar-based financial safety net in place as Seoul and Tokyo deepen economic cooperation.