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Seoul Brakes on Buying Again as KOSPI Jumps Nearly 5%. Will It Stick This Time?

South Korea’s KOSPI rose 4.87% from Monday’s close to 5,263.13 by 9:43 a.m. Seoul time on Tuesday. The jump forced the Korea Exchange to pause program buying for five minutes. The curb, known as a buy-side sidecar, has fired several times since October 21. The US Consumer Price Index (CPI) report due Tuesday is the…

Asian Stocks Rebound, Nikkei Up 3.4%, but Can They Lead Wall Street?

Asian stocks rebound as the Nikkei gains 3.4% and KOSPI 1.5%, but both echo Wall Street's bounce rather than lead it. The post Asian Stocks Rebound, Nikkei Up 3.4%, but Can They Lead Wall Street? appeared first on BeInCrypto.

Wall Street Is Now More Scared Than Crypto Traders After a 70% Fear Gauge Spike

The VIX jumped 70% and CNN's fear gauge hit 20 after the Nasdaq crash. Crypto sentiment fell to 28. Here's what it shows. The post Wall Street Is Now More Scared Than Crypto Traders After a 70% Fear Gauge Spike appeared first on BeInCrypto.

27 Stock Markets Worldwide Are in Bear Territory. Why Is America Missing?

A viral list named 43 bear markets. BeInCrypto confirmed 27. See why the Nasdaq and S&P 500 aren't among them. The post 27 Stock Markets Worldwide Are in Bear Territory. Why Is America Missing? appeared first on BeInCrypto.

Wall Street’s AI Sell-Off Spills Into Seoul, Sinking KOSPI Below 5,000

South Korea’s KOSPI fell below 5,000 on Friday for the first time since February. An 8% slide after the open triggered a circuit breaker, halting trading for 20 minutes. SK Hynix shareholders absorbed one of the sharpest losses. The stock sank 11.71% to 1,116,000 won, even though the chipmaker reported record quarterly sales last week.…

South Korea Delays Its Crypto Tax Again, Now Until 2029

South Korea will delay its long-awaited crypto gains tax for a fourth time, pushing it back to 2029. The levy was originally due to take effect in January 2027. The decision contrasts sharply with Hong Kong, which approved its own crypto tax reporting law on Wednesday. A Tax Proposal Every Crypto Investor Hates in South…

SK Hynix Sheds Nearly 8% While Dow Jumps: What Is Seoul Pricing In?

SK Hynix fell 7.74% while the Dow rose 3% after Democrats won Congress, reviving fears of tighter AI data center rules. The post SK Hynix Sheds Nearly 8% While Dow Jumps: What Is Seoul Pricing In? appeared first on BeInCrypto.

South Korea GDP Beats Forecasts at 1.0% So Why Is KOSPI Still Down?

South Korea GDP grew 1.0% on chip exports, but the KOSPI is down 8.5% in three months. See what the market is pricing. The post South Korea GDP Beats Forecasts at 1.0% So Why Is KOSPI Still Down? appeared first on BeInCrypto.

KOSPI Falls Far Harder Than Nikkei as AI Earnings Scare Hits Chipmakers

South Korea’s KOSPI fell 4.77% from Thursday’s close to 5,654.61 by 10:40 a.m. Seoul time on Friday. The drop followed a 12.64% slide in Alphabet shares after the Google parent’s capital spending more than doubled. Japan’s Nikkei 225 lost 2.81% over the same stretch, so KOSPI fell about 1.7 times as hard. Samsung Electronics and…

Coinbase User? Your Contact Details May Have Leaked Through a Vendor

Coinbase said a breach at analytics provider Amplitude exposed contact information for some customers. The exchange said its own systems saw no unauthorized access and customer funds remain safe. The disclosure lands a day before Coinbase reports third-quarter earnings. Meanwhile, South Korean exchange Bithumb confirmed a breach of an internal system used by its staff.…
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