Lee Eog-weon

Money Moves

Executing market stabilization program

South Korea's stock market was the world's best performer in early 2026, with the KOSPI peaking at 6,347 in late February. When Iran closed the Strait of Hormuz, the passage for roughly two-thirds of the country's crude oil imports, the index crashed 19% in two days, the worst two-day drop in its history.

Updated 1 hour ago