{
  "id": 7911872,
  "title": "(LEAD) Seoul stocks open higher despite first Fed rate hike in over 3 yrs",
  "url": "https://urgent.news/2026/09/17/lead-seoul-stocks-open-higher-despite-first-fed-rate-hike-in-over-3",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-17T00:20:58.000Z",
  "source": {
    "name": "Yonhap News",
    "slug": "yonhap-news",
    "url": "https://en.yna.co.kr/view/AEN20260917001651320"
  },
  "original_language": "en",
  "account": "Seoul stocks began the trading day on a positive note on Thursday, buoyed by advancements in the technology sector, despite the Federal Reserve's inaugural rate increase in over three years. The KOSPI index experienced a modest rise, climbing 6.49 points, or 0.1 percent, to 6,724.46, by 9:14 a.m. On the previous night, Wall Street's major indices faced a downturn following the Fed's decision to lift the base rate by a quarter point to a range of 3.75 percent to 4 percent, in an attempt to tackle inflationary pressures. Analyst Han Ji-young from Kiwoom Securities indicated that local stocks are likely to experience some volatility as investors process the Fed's hawkish stance. Among the affected companies, Samsung Electronics saw a slight gain of 0.3 percent, while SK hynix declined by 0.8 percent. LG Energy Solutions declined 0.82 percent, whereas KB Financial rose by 1.47 percent, and Hanwha Aerospace experienced an increase of 1.14 percent. The Korean won was trading at 1,374.3 per U.S. dollar, up 2.7 won from the previous trading session.",
  "summary": "SEOUL, Sept. 17 (Yonhap) -- Seoul stocks opened higher Thursday, led by gains in...",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 7,
    "also_reported_by": [
      {
        "outlet": "Financial Times",
        "title": "Fed defies Trump with first rate rise since 2023",
        "url": "https://urgent.news/2026/09/16/fed-defies-trump-with-first-rate-rise-since-2023",
        "published": "2026-09-16T20:59:14.000Z"
      },
      {
        "outlet": "Times of India",
        "title": "‘We’re the best credit’: Trump fumes after 1st Fed rate hike in over 3 yrs",
        "url": "https://urgent.news/2026/09/16/were-the-best-credit-trump-fumes-after-1st-fed-rate-hike-in-over-3-yrs",
        "published": "2026-09-16T21:13:41.000Z"
      },
      {
        "outlet": "France 24",
        "title": "US Federal Reserve defies Trump with interest rate hike",
        "url": "https://urgent.news/2026/09/16/us-federal-reserve-defies-trump-with-interest-rate-hike",
        "published": "2026-09-16T21:38:45.000Z"
      },
      {
        "outlet": "MarketWatch Top",
        "title": "Fed rate hike fails to calm troubled markets as Dow falls 600 points. Expect more sharp swings in stocks and bonds.",
        "url": "https://urgent.news/2026/09/16/fed-rate-hike-fails-to-calm-troubled-markets-as-dow-falls-600-points",
        "published": "2026-09-16T21:40:00.000Z"
      },
      {
        "outlet": "Yonhap News",
        "title": "(URGENT) Seoul stocks open higher despite first Fed rate hike in over 3 yrs",
        "url": "https://urgent.news/2026/09/17/urgent-seoul-stocks-open-higher-despite-first-fed-rate-hike-in-over-3",
        "published": "2026-09-17T00:01:37.000Z"
      },
      {
        "outlet": "Malay Mail",
        "title": "Malaysian ringgit falls to 4.085 versus US dollar after first Fed rate hike since 2023",
        "url": "https://urgent.news/2026/09/17/malaysian-ringgit-falls-to-4-085-versus-us-dollar-after-first-fed",
        "published": "2026-09-17T01:20:02.000Z"
      }
    ]
  },
  "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."
}