South Korean stocks gave back earlier gains, with the Kospi on track for its steepest quarterly drop since 2020, even as record tax revenue from the global chip boom underscores st
South Korean stocks gave back earlier gains, with the Kospi on track for its steepest quarterly drop since 2020, even as record tax revenue from the global chip boom underscores strong export earnings. A warning from a prominent investor's associate about value traps in Korean equities adds a cautious voice, and the possible early end of a large corporate buyback program removes a known source of market support. Meanwhile, cross-border tensions with Pyongyang, including DMZ explosions that injured soldiers, keep geopolitical risk on the radar.
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