{
  "id": 16982528,
  "title": "Seoul stocks open tad higher as Fed holds rates ahead of Samsung earnings report",
  "url": "https://urgent.news/2026/10/29/seoul-stocks-open-tad-higher-as-fed-holds-rates-ahead-of-samsung",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-29T00:37:03.000Z",
  "source": {
    "name": "The Korea Times",
    "slug": "the-korea-times-koreatimes",
    "url": "https://www.koreatimes.co.kr/economy/20261029/seoul-stocks-open-tad-higher-as-fed-holds-rates-ahead-of-samsung-earnings-report"
  },
  "original_language": "en",
  "account": null,
  "summary": "The Korea Times reports that Korean stocks opened modestly higher on Thursday, supported by the Federal Reserve's decision to keep interest rates steady and anticipations of robust third-quarter earnings from Samsung Electronics. The Korea Composite Stock Price Index (KOSPI) climbed 10.2 points, or 0.17 percent, to 6,022.64 as of 9:15 a.m., continuing its upward trend following a more than 6 percent surge in the previous session. U.S. stocks also gained overnight, with the Dow Jones Industrial Average up 0.19 percent, the S&P 500 increasing by 0.28 percent, and the tech-heavy Nasdaq rising 0.27 percent. Samsung Electronics had previously forecast third-quarter sales of 195 trillion won ($145 billion) and operating profit of 107.4 trillion won, driven by strong demand for memory chips used in artificial intelligence (AI) applications.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 3,
    "also_reported_by": [
      {
        "outlet": "Yonhap News",
        "title": "(URGENT) Seoul stocks open tad higher as Fed freezes rates ahead of Samsung earnings",
        "url": "https://urgent.news/2026/10/29/urgent-seoul-stocks-open-tad-higher-as-fed-freezes-rates-ahead-of",
        "published": "2026-10-29T00:01:38.000Z"
      },
      {
        "outlet": "WSJ Economy",
        "title": "Fed Chairman Kevin Warsh said higher rates are reaching the investment surge and that growth is broadening beyond it. The positions cut in opposite directions for where to set rates.",
        "url": "https://urgent.news/2026/10/29/fed-chairman-kevin-warsh-said-higher-rates-are-reaching-the",
        "published": "2026-10-29T01:12:00.000Z"
      }
    ]
  },
  "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."
}