Country: KR | Published: 2026-09-16
South Korean equities pushed higher, with the KOSPI rebounding past 6,700 on chip-led gains even as foreign investors sold heavily, suggesting domestic buying is absorbing the outf
South Korean equities pushed higher, with the KOSPI rebounding past 6,700 on chip-led gains even as foreign investors sold heavily, suggesting domestic buying is absorbing the outflow. The won slipped to a two-week low ahead of the Fed's rate decision, keeping currency watchers cautious, while rising borrowing costs and a large state bond issuance schedule add fiscal pressure. On the diplomacy front, Seoul signed a broad package of agreements with Kazakhstan, Tajikistan, and Kyrgyzstan covering critical minerals and energy, extending its resource security push in Central Asia.