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Illustration of South Korean stock traders reacting to falling KOSPI index due to inflation and US tech slump.
Imagem gerada por IA

KOSPI opens lower amid inflation woes and US tech slump

Reportado por IA Imagem gerada por IA

South Korean stocks opened lower Tuesday amid growing concerns over inflation and an overnight slump in U.S. tech shares.

Corporate direct financing in South Korea rose 13.2 percent in April from the previous month to 22.62 trillion won, driven by higher bond sales.

Reportado por IA

Global financial markets reacted on Monday to renewed surges in oil prices and geopolitical tensions in the Middle East, continuing the economic ripple effects first seen after the Iran conflict and Hormuz blockade earlier this year.

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