Kospi index

South Korean equities rose on Tuesday, seeking their first daily advance since last week’s short-lived martial law thrust the country into political turmoil.

The Kospi Index has lost 5.6% since President Yoon Suk Yeol’s botched martial law imposition, while the small-cap Kosdaq Index has slid even more.

The Kospi is down 7% this year, while the won has slumped about 9% against the US dollar, the most among Asian currencies.

“Because the Kosdaq market is doing terribly, people are heading to the coin market.” Trading activity on Korean crypto exchanges now outstrips volumes for the benchmark Kospi stock index.

SINGAPORE (July 22): Asia’s most stubborn central bank just reversed course. With the US Federal Reserve all but certain to renew its easing cycle at the end of the month, the Bank of Korea (BOK) preemptively cut its benchmark interest rate to 1.5% from

JAKARTA (May 5): Two thirds of Indonesia’s major companies missed earnings estimates in the first quarter, but that’s done little to stop investors from pouring into this enduring emerging-market darling. 

TOKYO (April 17): Japanese stocks have been battered so badly that they’re too cheap to ignore, says the US$165 billion ($230.3 billion) investor Pictet Asset Management Ltd., after the Topix index tumbled to its fifth straight weekly loss.

SYDNEY / TOKYO (May 23): Asia’s benchmark stock index swung between gains and losses as Japanese shares fell as the yen advanced, offsetting gains in Chinese and Taiwanese shares.