South Korea triggers 'sidecar' trading halt, KOSPI slumps nearly 8%

Economic Times - Oct 15, 2026

On Thursday, South Korea's KOSPI index plummeted, triggering a trading halt. This sharp decline was primarily driven by a tech-led selloff from the US market amidst rising inflation concerns. Prominent firms, including Samsung Electronics and SK Hynix, suffered considerable losses as foreign investors intensified their sell-offs, reflecting a broader struggle in the market. The global economic climate continues to foster serious fluctuations in stock and bond markets.

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