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Stocks plunge as circuit breakers hit Kospi, Kosdaq for first time in over two months
Trading was halted for 20 minutes on both indexes after losses exceeded 8 percent Thursday.
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Kospi plunges over 8% as AI doubts, U.S. rate fears hit Seoul
Korean stocks tumbled as AI return concerns, Chinese chip supply fears and rising U.S. rates prompted heavy foreign selling.
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Kospi plunges as AI fears, U.S. inflation rattles markets
Seoul stocks opened 5.59 percent lower, triggering a sell-side sidecar as concerns over AI sustainability and stronger U.S. inflation deepened a six-session losing streak.
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Banking blind spot? 6 in 10 financial incidents go unnoticed for over a year.
FSS data showed that financial misconduct cases at Korea’s five major banks went undetected for long periods, with almost 10 percent taking five years to be identified.
