Seoul shares opened higher Wednesday, tracking gains on Wall Street, two days after their worst rout over fears of a U.S. recession. However, some analysts said worries about market turmoil linger.The benchmark Korea Composite Stock Price Index (KOSPI) rose 12.17 points, or 0.48 percent, to 2,534.32 in the first 15 minutes of trading.The KOSPI ended 3.3 percent higher Tuesday after plunging nearly 9 percent Monday due to massive selloffs amid concerns over a recession in the United States.Overnight, the Dow Jones Industrial Average rose 0.76 percent to 38,997.66, and the tech-heavy Nasdaq Composite climbed 1.03 percent to 16,366.85.In Seoul, large-cap stocks were mixed across the board.Market bellwether Samsung Electronics Co. rose 1.8 percent, top carmaker Hyundai Motor Co. climbed 1.5 percent, national flag carrier Korean Air Co. gained 0.3 percent, and leading refiner SK Innovation Co. was up 0.1 percent.Among decliners, No. 2 chipmaker SK hynix Inc. fell 3 percent, battery maker Samsung SDI C o. declined 0.6 percent, steelmaker POSCO Holdings shed 0.9 percent and leading battery firm LG Energy Solution Ltd. was down 1.3 percent.The local currency was trading at 1,376.10 won against the U.S. dollar, down 0.5 won from the previous session's close.Source: Yonhap News Agency

Recent Posts
Taiwan High Speed Rail Faces Overcrowding During Mid-Autumn Festival Travel
September 27, 2026
Japanese University Students Highlight Taiwanese Tea at Tokyo Expo
September 27, 2026
Taiwan to Experience Changing Weather Patterns Starting Thursday
September 27, 2026
U.S. Taiwan Policy Remains Unchanged After Trump-Xi Summit
September 27, 2026
Taiwan’s Foreign Minister Embarks on Diplomatic Mission to Central America
September 27, 2026
Taiwan Secures Silver Medals in Kurash and Weightlifting at Asian Games
September 27, 2026
Taiwan Towel Incident Sparks Controversy at Asian Games
September 27, 2026
Taiwan Secures Bronze in Asian Games Baseball with Win Over China
September 27, 2026
Taiwan’s Fu Chao-hsuan Wins Gold in Men’s High Jump at Asian Games
September 27, 2026
Fu Chao-hsuan Wins Gold in High Jump at Asian Games
September 27, 2026
Trump and Xi Remain Silent on Taiwan Discussion During White House Meeting
September 25, 2026