Seoul shares plunge over 5 pct on AI regulation concerns after U.S. midterms

Briefing by News4U · First published

According to Yonhap Business, South Korean stocks plunged more than 5 percent Thursday after the Democratic Party's midterm victory raised concerns over tighter AI regulations, with the KOSPI falling 300 points, or 5.28 percent, to close at 5,383.80, and the local currency weakening against the dollar. [1]

Sources

  1. Seoul shares plunge over 5 pct on AI regulation concerns after U.S. midterms

    Yonhap Business · · Full text

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