Country: KR | Published: 2026-09-17
Seoul stocks held steady as domestic buyers offset continued heavy foreign selling after the Fed's hawkish hike, though the won weakened sharply, keeping officials' stabilization t
Seoul stocks held steady as domestic buyers offset continued heavy foreign selling after the Fed's hawkish hike, though the won weakened sharply, keeping officials' stabilization talk in focus. Chip sentiment got a lift from reports that SK Hynix, a major Korean memory maker, is in talks with Intel over a US fab deal, sending its shares higher. Geopolitical headlines around North Korea's nuclear program and a delayed US investment deal add a layer of uncertainty alongside the currency pressure.