Personal finance, money basics, and how the economy works for everyday life.
Seoul spent the first week of September watching everyone head for the exit at once. On Monday, two of the three doors reversed direction — and the index moved 308 points. The KOSPI closed at 6,995.39...
There is a specific moment that happens to almost everyone with a savings account, usually on a slow evening when you're checking a balance for no particular reason. You look at the interest line. Las...
Seoul spent most of this week being pushed around by things happening somewhere else — oil, US yields, a brutal Wednesday. On Friday the pressure finally came off, and it came off in the two places th...
Seoul spent Thursday proving a point it has been making all week: the KOSPI can finish almost exactly where it started and still be a deeply unsettled market. The index opened up more than 1%, climbed...
Seoul spent the whole session trying to work out whether the buyback bid still meant anything, and by the close the answer was no. The KOSPI fell 3.99% to 6,562.72, a 273-point drop that erased the pr...
Seoul spent most of Tuesday looking like it was going to break. The KOSPI opened lower, followed the overnight weakness on Wall Street down to a loss of as much as 1.28% in the morning, and then, with...
Seoul spent the first hour of Monday's session looking like it was going to end August with a rout. The KOSPI opened 175.30 points lower at 6,613.58, a 2.58% gap down that followed through to an intra...
Wall Street handed Seoul a gift overnight, and Seoul gave it back. Nvidia's blowout results had lifted the Nasdaq 1.6% on Thursday, and the KOSPI opened firm on that warmth. By late morning it had inv...
Seoul spent Thursday doing two things at once: celebrating a chip rally and absorbing an interest rate rise it was not fully expecting. The KOSPI opened sharply higher on Nvidia's record quarterly res...
Seoul spent Wednesday doing something it has not managed much this month: closing quietly higher, without a scare in either direction. The KOSPI opened lower, drifted through a choppy morning as Wall ...
