BusinessPhoto: Mint MarketsSouth Korea's KOSPI Drops 5%, Down 40% From Record High
South Korea's KOSPI index fell another 5%, extending its decline to 40% below its record high. The drop is driven by concerns over AI investment returns, semiconductor stock valuations, and financing risks. Heavy dependence on major tech firms Samsung Electronics and SK Hynix has intensified the market losses.
Mint Markets·




