Chairman, Financial Services Commission
Appears in 1 story
Executing market stabilization program
South Korea's stock market led major economies in early 2026, with the KOSPI hitting 6,347 on February 27. A U.S. and Israeli strike on Iran closed the Strait of Hormuz—carrying 95% of South Korea's oil imports—triggering a 20% KOSPI crash in two days, the worst in the country's history.
Updated May 30
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