{
  "id": 14632638,
  "title": "S Korea triggers 'sidecar' halt, KOSPI slumps about 8%",
  "url": "https://urgent.news/2026/10/15/s-korea-triggers-sidecar-halt-kospi-slumps-about-8",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-15T02:05:23.000Z",
  "source": {
    "name": "The Economic Times",
    "slug": "the-economic-times",
    "url": "https://economictimes.indiatimes.com/markets/us-stocks/news/south-korea-triggers-sidecar-trading-halt-kospi-slumps-over-7/articleshow/134955382.cms"
  },
  "original_language": "en",
  "account": "South Korea's stock market operator issued a sell-side halt early Thursday as the KOSPI index fell nearly 8%, mirroring a tech-sold-off on Wall Street driven by persistent US inflation data. The automatic five-minute suspension on program sell orders occurred after significant losses in index futures, a sudden cooling mechanism activated as the KOSPI entered its seventh consecutive day of decline, the longest losing streak since September 2024. The benchmark Kospi index dropped 7.7% to 5,548.78, marking a drop below its all-time high reached in June. Tech giants Samsung Electronics and SK Hynix saw the steepest declines, with shares falling 9.05% and 11.06%, respectively. Other notable losers included LG Energy Solution, Hyundai Motor, and Kia Corp. While 90 stocks saw gains, 768 declined among the 889 traded. Foreign investors were net sellers, worth 355.6 billion won. The South Korean won strengthened to 1,339.5 per dollar. In money markets, December futures on three-year Treasury bonds rose 0.12 point to 103.00, while the yield on a 10-year bond fell by 2.1 basis points to 4.224%.",
  "summary": null,
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 8,
    "also_reported_by": [
      {
        "outlet": "The Business Times - Companies & Markets",
        "title": "Gold slumps as faster US inflation stokes Fed rate hike wagers",
        "url": "https://urgent.news/2026/10/15/gold-slumps-as-faster-us-inflation-stokes-fed-rate-hike-wagers",
        "published": "2026-10-15T00:31:31.000Z"
      },
      {
        "outlet": "Straits Times Business",
        "title": "Gold slumps as faster US inflation stokes Fed rate hike wagers",
        "url": "https://urgent.news/2026/10/15/gold-slumps-as-faster-us-inflation-stokes-fed-rate-hike-wagers-14581223",
        "published": "2026-10-15T01:30:00.000Z"
      },
      {
        "outlet": "Business Standard IN",
        "title": "Stock Market LIVE: GIFT Nifty signals negative open; Kospi tumbles 7% as chip shares decline",
        "url": "https://urgent.news/2026/10/15/stock-market-live-gift-nifty-signals-negative-open-kospi-tumbles-7-as",
        "published": "2026-10-15T02:27:51.000Z"
      },
      {
        "outlet": "Investing.com",
        "title": "Asia stocks tumble, S.Korea’s KOSPI slumps 7% on chip rout, Fed rate fears",
        "url": "https://urgent.news/2026/10/15/asia-stocks-tumble-s-koreas-kospi-slumps-7-on-chip-rout-fed-rate-fears",
        "published": "2026-10-15T02:53:44.000Z"
      },
      {
        "outlet": "Yonhap News",
        "title": "Tech rout triggers trading halt for KOSPI stocks for 20 min.",
        "url": "https://urgent.news/2026/10/15/tech-rout-triggers-trading-halt-for-kospi-stocks-for-20-min",
        "published": "2026-10-15T03:40:21.000Z"
      },
      {
        "outlet": "CoinDesk",
        "title": "Bitcoin is back below $81,000 as Fed rate uncertainty weighs. Kospi plunges 8%",
        "url": "https://urgent.news/2026/10/15/bitcoin-is-back-below-81-000-as-fed-rate-uncertainty-weighs-kospi",
        "published": "2026-10-15T03:57:45.000Z"
      },
      {
        "outlet": "The Korea Times",
        "title": "Tech rout triggers trading halt for KOSPI stocks for 20 minutes",
        "url": "https://urgent.news/2026/10/15/tech-rout-triggers-trading-halt-for-kospi-stocks-for-20-minutes",
        "published": "2026-10-15T04:12:03.000Z"
      }
    ]
  },
  "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."
}