South Korea's KOSPI Soars on Chip Demand, But Rate Hikes Loom
South Korea's KOSPI index, driven by Samsung and SK Hynix, has surged past $4 trillion. However, looming BOK rate hikes and high household debt threaten a market correction.
South Korea's KOSPI index, driven by Samsung and SK Hynix, has surged past $4 trillion. However, looming BOK rate hikes and high household debt threaten a market correction.