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The KOSPI fell 7.57% on Thursday, closing at 5,554.22 points.
South Korean stocks plunged on Thursday, with the KOSPI falling 7.57% to close at 5,554.22 points, its first close in the 5,500 range since July 30. Samsung Electronics and SK Hynix both fell by approximately 10%, triggering circuit breakers on both the KOSPI and KOSDAQ.
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Hex founder Richard Heart arrested in Istanbul on Interpol Red Notice.
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China's A-share gaming sector surged on October 14, with FunPlus hitting a 20% daily limit. This was driven by an elevated policy positioning, stabilizing game license approvals, and the accelerating implementation of AI-driven cost reductions.
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GlobalFoundries plans two new chip fabs with up to $21 billion funding
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JPMorgan and Other Major Banks Cut Off MAGA Sellers and Democrat Groups
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AI app ArtCraft launches free alternatives to Adobe and Microsoft software, challenging Big Tech's economic model
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L2 Capital to Tokenize $500M Pre-IPO AI Shares with Newton
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AI infrastructure companies Corweave fell 14.9% and Nebius fell 9.7%, making them the biggest decliners in the Nasdaq 100 index.
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The DXY is up 0.7% intraday, currently at 102.898.
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The S&P 500 Banks Index fell to its lowest level in over four months, down 1.3% on the day.
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