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Asian Market Updates

KOSPI May Extend Wednesday's Losses

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us

The South Korea stock market headed south again on Wednesday, one day after ending the three-day slide in which it had crashed more than 1,300 points or 15 percent. The KOSPI now sits just above the 7,730-point plateau and it may take further damage on Thursday.

The global forecast for the Asian markets is weak on further escalating tensions in the Middle East. The European and U.S. markets were down and the Asian bourses are expected to follow that lead.

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Market Analysis

Global Economics Weekly Update - Jun 01 - Jun 05, 2026

June 05, 2026 16:18 ET
A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.