{
  "id": 12748124,
  "title": "(LEAD) Seoul shares turn lower after opening up amid inflation worries",
  "url": "https://urgent.news/2026/10/08/lead-seoul-shares-turn-lower-after-opening-up-amid-inflation-worries",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-08T00:43:38.000Z",
  "source": {
    "name": "Yonhap News",
    "slug": "yonhap-news",
    "url": "https://en.yna.co.kr/view/AEN20261008001651320"
  },
  "original_language": "en",
  "account": "Seoul shares dipped following a morning surge on Thursday, primarily driven by concerns over inflation exacerbated by soaring oil prices. Initially, the Korea Composite Stock Price Index (KOSPI) gained 0.07 percent, before slipping 53.32 points, or 0.78 percent, to 6,750.58 by 9:15 a.m. The Dow Jones Industrial Average slipped 0.66 percent, and the tech-focused Nasdaq Composite dropped 0.22 percent.\n\nInvestors remain cautious as rising oil prices contribute to inflationary pressures, while the U.S. Federal Reserve has hinted at potential rate hikes this year to combat inflation. Among the biggest losers were Samsung Electronics, which fell 0.19 percent, and Hyundai Motor, which declined 2.53 percent. Hanwha Aerospace plummeted 3.5 percent, and shipping firm HMM lost 2.34 percent.\n\nOn the upside, chipmaker SK hynix gained 0.75 percent, and battery manufacturer Samsung SDI rose 3.2 percent. The Korean won was valued at 1,337.80 won per U.S. dollar, a 1.2 won increase from the prior trading session.",
  "summary": "SEOUL, Oct. 8 (Yonhap) -- Seoul shares turned lower after opening up Thursday, l...",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 3,
    "also_reported_by": [
      {
        "outlet": "Yonhap News",
        "title": "(URGENT) Seoul shares open higher on tech gains despite high oil prices",
        "url": "https://urgent.news/2026/10/08/urgent-seoul-shares-open-higher-on-tech-gains-despite-high-oil-prices",
        "published": "2026-10-08T00:02:18.000Z"
      },
      {
        "outlet": "The Korea Times",
        "title": "Seoul shares open higher on tech gains despite high oil prices",
        "url": "https://urgent.news/2026/10/08/seoul-shares-open-higher-on-tech-gains-despite-high-oil-prices-12747895",
        "published": "2026-10-08T00:47:02.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}