PLUS KDEF, an ETF tracking Korean defense firms, led all U.S.-listed equity ETFs in March with a 31.63% return, signaling global investor confidence in Korea’s defense sector.
A sharp rise in Treasury yields driven by mounting fiscal concerns, inflation, and weak bond demand is pressuring the stock market and straining the broader U.S. economy.
Korean stocks opened marginally higher Friday as gains in tech companies offset concerns over a recession overshadowing the U.S. markets.
The benchmark Kospi rose 5.23...
Korean tech stocks hit new 52-week lows following sharp falls of U.S. tech shares overnight.
Samsung Electronics traded at 51,800 won ($36) at 9:55 a.m., a...
