KOSPI holds 6,800 as chips slide; won hits 18-year high vs. yen
Seoul stocks fell for a second straight session as foreign profit-taking and caution ahead of Samsung's earnings weighed on sentiment, with the KOSPI barely holding 6,800 amid a semiconductor rout. The Korean won hit an 18-year high against the Japanese yen on booming chip exports, while AMD's CEO met Samsung and SK hynix chiefs in Seoul and BTS concerts drew fever in Lima.
Markets & chips
Korean markets & the won
Foreign profit-taking and caution over Samsung's earnings weighed on investor sentiment in Seoul.
Seoul stocks declined for a second consecutive day amid rising bond yields.
KOSPI
Korean equities came under pressure from foreign selling and semiconductor weakness, with the main index ending the session near the 6,800 mark.
The KOSPI barely held the 6,800 level amid a rout in semiconductor shares.
Korean won
The Korean won reached an 18-year high against the Japanese yen on booming chip exports.
Samsung Electronics
Samsung drew attention on two fronts: an expected sharp jump in third-quarter profit and a Seoul meeting with AMD's chief executive.
Samsung's third-quarter profit is seen jumping nine-fold, though chip margins may be flat.
Samsung's HBM prices are tipped to more than double in 2027.
AMD's CEO met with the chiefs of Samsung and SK hynix in Seoul.
AMD CEO Lisa Su called chips a 'team sport' as ties with Samsung and SK hynix deepen.
SK hynix
SK hynix workers filed industrial accident claims.
Business of culture
HYBE
BTS's first-ever Peru concerts drew fever in Lima ahead of the shows.
BTS is set to kick off its first-ever Peru concerts as Lima rolls out a 'BTS Avenue'.
BTS fever gripped Lima ahead of the group's first-ever Peru concerts.
K-pop agencies
J.Y. Park testified over the controversy surrounding Fanomenon as his K-pop vision faces scrutiny.
K-drama, film, webtoons & streaming
Korea's content industry news centered on the Busan International Film Festival and a new Netflix casting.
Michelle Yeoh said she sees endless possibilities after receiving an award at the Busan International Film Festival.
The Busan International Film Festival jury advocated creative freedom amid controversy over 'The Assassin(s)'.
Vinyl sales are soaring even in the age of streaming.
Byeon Woo-seok will be joined by Han So-hee and Rain in Netflix's 'Solo Leveling'.