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[Morning Market] KOSPI Threatens 5,300 Level Amid Tech Selloff

On the morning of Oct. 23, the domestic stock market is starting and developing with a steep decline in both major markets, taking a direct hit from the fierce downward pressure of the U.S.

• KOSPI stock market fell 2.4% to 5,305.98 on October 23
• Foreign and institutional investors sold dominance of 280 billion won
• Blue-chip companies like Samsung Electronics weakened amid tech selloff

9h ago ·businesskorea.co.kr

Foreign Investors Retreat From French Bonds, Raising Fears of a Debt Crisis

Warnings of a potential fiscal crisis in France are mounting as foreign investors show signs of pulling back from a market they have long helped support.

• Foreign investors withdrawing from French bonds, fearing debt crisis
• Japanese investors likely to repatriate funds as rates rise
• Yield on French 10-year bonds surpasses U.S. Treasury, widening spread

9h ago ·businesskorea.co.kr

Korean Investor Deposits Hit Nine-Month Low, Signaling Waning Stock Market Confidence

Samsung Electronics has reported quarterly operating profit exceeding 100 trillion won for the first time, setting a new earnings record.

9h ago ·businesskorea.co.kr