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💰 Economic
May 14, 2026

Seoul stocks surge past 2.5% on tech rally, won weakens

Seoul's KOSPI index rebounded over 2.5% and reclaimed the 7,800 level, driven by strength in technology stocks. The Korean won declined against major currencies during this market movement.
Why It Matters
Currency fluctuations affect expat finances, wages, and shopping costs, while stock market volatility can impact local business confidence and employment opportunities.
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