{
  "id": 14137156,
  "title": "South Korea shares tumble over 6% as chip selloff triggers trading curb",
  "url": "https://urgent.news/2026/10/13/south-korea-shares-tumble-over-6-as-chip-selloff-triggers-trading-curb",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-13T06:41:41.000Z",
  "source": {
    "name": "Business Recorder",
    "slug": "business-recorder",
    "url": "https://www.brecorder.com/news/40443975/south-korea-shares-tumble-over-6-as-chip-selloff-triggers-trading-curb"
  },
  "original_language": "en",
  "account": null,
  "summary": "South Korea's KOSPI index experienced a sharp decline of over 6% on Tuesday, prompting the Korea Exchange to temporarily halt programme sell orders. The index's drop was driven by a fall in US memory-chip maker Micron Technology, which was reported to be facing rapid technological advancements from Chinese rival ChangXin Memory Technologies (CXMT). Analysts noted that this development has raised concerns about China's semiconductor industry narrowing the technology gap with global counterparts, impacting South Korea's tech-heavy market. Key sectors affected included chipmakers Samsung Electronics and SK Hynix, as well as LG Energy Solution and Hyundai Motor. The KOSPI index, which fell 5.93% to 6,002.06, marked its longest losing streak since September 2024.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "The Economic Times",
        "title": "S Korea’s Kospi plunges over 7% as chip stocks tumble",
        "url": "https://urgent.news/2026/10/13/s-koreas-kospi-plunges-over-7-as-chip-stocks-tumble",
        "published": "2026-10-13T04:09:46.000Z"
      }
    ]
  },
  "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."
}