ASIAN SHARES SLIP AND SOUTH KOREA’S KOSPI INDEX SINKS 10% ON HEAVY SELLING OF CHIPMAKING STOCKS

Currency traders watch monitors near a screen showing the Korea Composite Stock Price Index (KOSPI) and the foreign exchange rate between U.S. dollar and South Korean won at the foreign exchange dealing room of the Hana Bank headquarters in Seoul, South Korea, Tuesday, July 28, 2026.

Associated Press reports that currency traders watch monitors near a screen showing the Korea Composite Stock Price Index (KOSPI) and the foreign exchange rate between U.S.

The report adds: dollar and South Korean won at the foreign exchange dealing room of the Hana Bank headquarters in Seoul, South Korea, Tuesday, July 28, 2026.

(AP Photo/Ahn Young-joon) 2026-07-28T04:06:24Z HONG KONG (AP) — South Korea’s Kospi index plunged more than 10% on Tuesday on heavy selling of chipmaking stocks that have gyrated recently due to concerns over the…

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