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Asian Market Updates

Higher Open Suggested For South Korea Shares

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

The South Korea stock market on Thursday halted the two-day slide in which it had tumbled more than 300 points or 4 percent. The KOSPI now sits just above the 7,815-point plateau and it's tipped to open in the green again on Friday.

The global forecast for the Asian markets is cautiously optimistic on easing crude oil prices. The European markets were mixed and the U.S. bourses were up and the Asian markets figure to split the difference.

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Market Analysis

Global Economics Weekly Update: May 11 – May 15, 2026

May 15, 2026 15:25 ET
Apart from the confirmation of Kevin Warsh as the next Fed chair, the main news on the economics front this week included key price data from the U.S. and the first quarter economic growth figures from major economies. Both consumer prices and producer costs have started to reflect the effect of supply shocks due to the Middle East conflict. In Europe, GDP data was in focus, while inflation data from China dominated the news flow in Asia.

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