Elice Group Shares Drop Over 30% on KOSDAQ Debut
Elice Group's shares fell over 30% on its KOSDAQ debut after raising $151 million, as AI sentiment weakens ahead of Anthropic's IPO.
1 h ago12 min read
KOSPI
KOSPI Opens 3.5% Lower, 2026 Rally Cut From 116% to About 31%
The KOSPI slid 3.5% at Tuesday's open, cutting its 2026 gain to about 31% from 116%; AI-spending worries and chip-stock losses have weighed on the index.
12 h ago6 min read
CXMT Stock Drops 6.5% as US Chip Rout Hits Asia Despite Profit Forecast
CXMT shares dropped 6.5% on Monday as a selloff in US chip stocks spread to Asia, overriding the company's forecast of a return to profit.
19/10/2026 03:308 min read
KOSPI's collapse wipes out South Korea's annual GDP
South Korea's KOSPI index fell over 8% in a day, losing more than $2 trillion, exceeding the country's annual GDP.
16/10/2026 19:1410 min read
KOSPI Jumps 3.31% but Fed Rate Worries Threaten Recovery
South Korea's KOSPI rose 3.31% on Friday but remains far below its peak as Fed rate hike fears persist.
16/10/2026 04:119 min read
Seoul's KOSPI Tumbles More Than 7% as Inflation Data and AI Worries Bite
KOSPI slid 7.28% to 5,571.27 on Thursday after US CPI topped forecasts and AI worries hit chip stocks.
15/10/2026 01:439 min read