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Circuit breaker activated on KOSPI, KOSDAQ South Korea's stock market plunged over 8 percent during the trading on Thursday and the circuit breaker was activated in both KOSPI and KOSDAQ markets. The main (KOSPI) and secondary (KOSDAQ) markets in South Korea were suspended for 20 minutes. KOSPI fell to 1461.51 points which is 40.33 points (8.31%) dive from the previous trading day. [NEWS: What's happening in Korea?] - Coranavirus cases i.. more
8,320 in total - Coronavirus infection cases in Korea South Korea has reported the total number of 8,320 people who are infected with Coronavirus on Tuesday. This shows 84 new infection cases from the previous report. The new infection cases fell to double digits for 3 consecutive days. From 84 new infection cases, 32 people were infected with Coronavirus in Daegu, 31 people in Gyeonggi province, 12 people in Seoul and 5 people are from North Gyeon.. more
Bank of Korea cuts the benchmark interest rate by 50 basis points to 0.75% Bank of Korea (BOK) has slashed the benchmark interest rate by 50 basis points from 1.25% to 0.75% due to the growing changes in financial markets and concerns over Coronavirus since WHO's announcement of pandemic. [NEWS: What's happening in Korea?] - Coronavirus in Korea - Total number of 8,236 confirmed infection cases Coronavirus in Korea - Total number of 8,236 confirmed infection cases The .. more
The KOSPI plunged nearly 4 % - Stock market in Korea The KOSPI crashed and plunged nearly 4.09% to 1,830.17 points at 11:00 a.m. on Thurday. This shows the lowest level since February 17th, 2016. Especially, individuals, foreigners and overseas investors continue to sell stocks. This decline is mainly due to the World Health Organization (WHO)'s declaration that the Coronavirus outbreak can be characterized as a pandemic and uncertainty of US fina.. more