Business & Economy
Why KOSPI Just Fell Below 7,000 Again — and Why Korea's Central Bank Raised Rates AnywayOn July 16, 2026, the KOSPI fell 6.37% to 6,820.60, its second drop below 7,000 in a week, as the Bank of Korea raised rates to 2.75% for the first time in three and a half years. Samsung and SK hynix led the selloff. What happened, why the bank moved now, and what it means globally.
SK hynix's Historic Nasdaq Debut: Inside the $26.5 Billion ADR ListingSK hynix's ADRs debuted on Nasdaq on July 10, 2026, in the largest-ever U.S. listing by a foreign company, raising $26.5 billion. By July 14 the ADR traded 51% above its Seoul shares. Here's what happened, why the premium exists, and how to read Barclays' new bullish call.
From a G7 Ask to Formal Bids: How South Korea Became the U.S. Navy's Shipbuilding OptionA shipboard question in France in June 2026 has become formal paperwork: the U.S. Navy has sent South Korea's top three shipbuilders RFIs for destroyers and oilers, part of a $150 billion Korea-U.S. shipbuilding push aimed at a fleet the U.S. can't build fast enough alone.
Kia's Redesigned Seltos Completes Its US Launch After a Record Sales HalfThe redesigned Kia Seltos has completed its full-scale US launch as Kia posts record first-half US sales. What the second-generation Seltos's global debut and new hybrid e-AWD system offer, current pricing and trims, where it's built, and how to weigh a trim choice.