South Korea's Kospi Index Jumps 12%

South Korea's Kospi index achieved its best performance since 2008, reflecting Asian market recovery. This growth is linked to improved economic indicators and support measures.

South Korea's Kospi index jumped by up to 12% on Thursday, marking a strong rebound and its best daily performance since 2008 amid a broad recovery in Asian stocks. This significant surge indicates a revival in investor confidence across regional markets. Experts attribute this improvement to positive economic indicators and stimulus measures. Such fluctuations often reflect the overall volatility in global financial markets.

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2026-03-06T10:12:28+00:00

South Korea to Receive Over Six Million Barrels of Oil from UAE

South Korea and the UAE are strengthening energy cooperation. The country will receive over six million barrels of oil in the coming months. This is a significant step for energy security.

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2026-03-06T10:12:05+00:00

South Korea to Implement Measures for Price Stability Amid Middle East Crisis

South Korea's vice finance minister announced the government's plan to ensure consumer price stability, including an oil price cap, amid the Middle East crisis and rising global oil price volatility.

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2026-03-05T10:12:36+00:00

South Korea's reserves increase for first time in three months

South Korea's foreign reserves increased in February for the first time in three months, reaching $427.62 billion. The growth was driven by investment returns and bond issuances.

Economy Country

2026-03-05T07:16:21+00:00

South Korean company cuts production due to Strait of Hormuz closure

South Korean petrochemical company Ycheon NCC has declared force majeure on supplies, as it cannot receive raw materials due to the closure of the Strait of Hormuz. This has led to a reduction in production.

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