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The Bank of Korea has attributed any growth slowdown (forecast now at 1.8% instead of 2.2%) to imminent Trump tariffs rather than a crisis of confidence generated by the ongoing impeachment battle.
In stock markets abroad, indexes rose across much of Europe and Asia. France’s CAC 40 jumped 2.1%, South Korea’s Kospi gained 1.2% and Hong Kong’s Hang Seng rose 1.2% for some of the bigger gains. Taiwan computer chip maker Taiwan Semiconductor reported Thursday that its profit in the last quarter jumped 57%.
The KOSPI 200 (Korean: 코스피 200) is a subset of the KOSPI.It tends to be used to indicate the performance of the Korean stock market.It covers about 93 percent of the KOSPI's market value, including the top 200 companies listed on the Korea Stock Exchange.
Stock market today: Tech stocks and AI pull Wall Street to more records ... and it cut its forecasts for sales and profit this year. ... In stock markets abroad, South Korea’s Kospi sank 1.4% ...
The economy of South Korea is a highly developed mixed economy. [19] [20] [21] By nominal GDP, the economy was worth ₩2.61 quadrillion (US$1.87 trillion).It has the 4th largest economy in Asia and the 12th largest in the world as of 2024. [3]
The Korea Composite Stock Price Index or KOSPI (Korean: 한국종합주가지수) is the index of all common stocks traded on the Stock Market Division—previously, Korea Stock Exchange—of the Korea Exchange. It is the representative stock market index of South Korea, analogous to the S&P 500 in the United States.
Second, the stock market's current valuation is stratospheric, at least according to one metric. The S&P 500 trades at a cyclically adjusted price-to-earnings (CAPE) ratio of 38, a reading that ...
South Korea held a 17.7 percent share in the global semiconductor market in 2022, and continued to be the second largest in the world for the 10th consecutive year since 2013. [ 1 ] The country accounted for 60.5% of the global memory semiconductor market , with a DRAM market share of 70.5% and a NAND market share of 52.6% .