{
  "id": 7969792,
  "title": "South Korea shares rise as Fed rate hike eases uncertainty",
  "url": "https://urgent.news/2026/09/17/south-korea-shares-rise-as-fed-rate-hike-eases-uncertainty",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-17T06:44:38.000Z",
  "source": {
    "name": "Business Recorder",
    "slug": "business-recorder",
    "url": "https://www.brecorder.com/news/40439930/south-korea-shares-rise-as-fed-rate-hike-eases-uncertainty"
  },
  "original_language": "en",
  "account": "Seoul reported on the performance of South Korean financial markets on Thursday, as the US Federal Reserve announced its first interest rate hike since 2023 to combat inflation. The South Korean won weakened, while the benchmark bond yield fell. The KOSPI index rose 0.42%, reaching 6,746.05 points. Tech giant Samsung Electronics climbed 0.20%, whereas SK Hynix fell 0.40%. The Fed's decision to raise rates and hint at further hikes in the coming months helped ease inflation-related uncertainties. Notable movements included a decline in battery maker LG Energy Solution by 0.27% and a flat performance for Hyundai Motor and Kia Corp. Bank POSCO Holdings gained 0.15%, while Samsung BioLogics slipped 1.14%. Out of 912 traded stocks, 459 advanced and 404 declined. Foreign investors sold shares worth 1,243.6 billion won. The won traded at 1,380.0 per dollar onshore, down 0.22% from the previous close. The KOSPI has risen 60.08% this year, while the won strengthened 4.3% against the dollar. December futures on three-year treasury bonds decreased by 0.11 point to 102.08, and the three-year bond yield rose by 4.9 basis points to 4.087%, while the 10-year yield fell by 1.1 basis points to 4.542%.",
  "summary": "SEOUL: Round-up of South Korean financial markets: South Korean shares rose on Thursday even as the US raised interest rates for the first time since 2023 as Federal Reserve Chair Kevin Warsh’s resolve to tackle inflation eased some uncertainties. The won weakened, while the benchmark bond yield fell. The benchmark KOSPI was up 28.08 points, or 0.42%, at 6,746.05 as of 03:46 GMT. Chipmaker…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "Straits Times Business",
        "title": "Singdollar, STI recover after slight dip following US Fed rate hike",
        "url": "https://urgent.news/2026/09/17/singdollar-sti-recover-after-slight-dip-following-us-fed-rate-hike",
        "published": "2026-09-17T06:30:00.000Z"
      }
    ]
  },
  "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."
}