Korea Joongang Daily
Korea JoongAng Daily

Kospi opens lower on renewed AI woes following OpenAI performance report

Seoul stocks opened lower Wednesday as a report on OpenAI's poorer-than-expected performance renewed concerns over the AI sector.

2026-04-29

Prosecution turns down police request for arrest warrant for HYBE founder Bang

The prosecution turned down an arrest warrant request for Bang Si-hyuk, chairman of K-pop powerhouse HYBE, who is currently under investigation for fraudulent trading and other issues.

2026-04-24

Kospi reaches historic high ahead of Iran war cease-fire deadline

Korean stocks surpassed their pre-Iran war high Tuesday morning after a sharply high opening ahead of the deadline for the end of the two-week cease-fire set by U.S. President Donald Trump.

2026-04-21

Regulator seeks to ban 'split listings' by conglomerates starting in July

The country's financial regulator said Thursday that it will take steps to ban “split listings” by conglomerates here starting in July at the earliest.

2026-04-16

Widow of late Samsung chief sells $2.1 billion in shares to settle inheritance taxes

Hong Ra-hee, the widow of late Samsung Group Chairman Lee Kun-hee, has sold a stake in Samsung Electronics worth nearly 3.1 trillion won ($2.1 billion) to settle inheritance taxes on assets left by the late tycoon, industry sources said Thursday.

2026-04-09

Kospi opens higher despite Trump's renewed threats on Iran

Shares opened higher on Monday despite renewed threats against Iran by U.S. President Donald Trump.

2026-04-06

Korean investors trading outside market hours on Iran war market swings

Korean investors are increasingly trading outside regular market hours as overnight developments in the Iran war trigger sharp market swings.

2026-04-03

Kospi rebounds nearly 3 percent as hope grows for Strait of Hormuz agreement

Korean stocks soared by nearly 3 percent on Friday, as Iran's discussions with Oman on a protocol to monitor traffic through the Strait of Hormuz boosted hopes of easing oil supply disruptions despite heightened tensions in the Middle East.

2026-04-03

Kospi opens higher amid hopes for Strait of Hormuz reopening

Shares opened higher Friday, rebounding from sharp losses the previous session, as investors had guarded hopes for the reopening of the Strait of Hormuz amid a prolonged conflict in the Middle East.

2026-04-03

Kospi craters nearly 5% after Trump warns of hitting Iran hard

The Kospi fell 244.65 points, or 4.47 percent, to close at 5,234.05, giving up more than half of the previous session’s gains after U.S. President Donald Trump’s national address on the Iran war dashed hopes for an immediate ceasefire.

2026-04-02