dailypro2020

KOSPI closed at 8,639.38 on June 4, 2026, down 1.83% from the prior session. Just ten days earlier, on May 25, the index touched an all-time high near 8,800. To understand the magnitude of this rally, consider where KOSPI stood just twelve months ago: approximately 2,700. That means Korea's benchmark equity index has more than tripled in one year, surging over 220% since the new administration took office in mid-2025. Total market capitalization ballooned from roughly 2,700 trillion won to 7,600 trillion won — an addition of approximately 4.9 quadrillion won in market value. This vaulted Korea past India to become the world's sixth-largest equity market by capitalization, trailing only the US, China, Japan, Hong Kong, and the UK. But beneath this headline sits a deeply uncomfortable structural reality: two companies — Samsung Electronics and SK Hynix — now account for over half of the entire Korean stock market's value. Foreign Exodus at Unprecedented Scale Foreign i...

Korea's Triple H Crisis: How 3% Inflation, 1,500 Won, and Rising Rates Create a Perfect Macro Storm South Korea's economy is facing what local analysts are calling the "3-H" crisis — high inflation (고물가), high exchange rate (고환율), and high interest rates (고금리) converging simultaneously for the first time since the 2022 post-pandemic shock. May's Consumer Price Index hit 3.1%, breaching the psychologically important 3% threshold for the first time since March 2024. The won-dollar exchange rate is stubbornly stuck above 1,500 won, with the currency oscillating in a 1,500-1,530 range since April. And the Bank of Korea is signaling its first rate hike since January 2023 after 14 consecutive holds. I think this triple squeeze is not a transitory shock but a structural shift in Korea's macro landscape — and it will test the resilience of the country's export-led growth model like nothing since the 1997 Asian financial crisis, albeit from a much stronger fund...