| Mobile Web

KOSPI slide after semiconductor rally raises question of retail shift to crypto

South Korea\'s KOSPI plunged 8.95 percent in a day and at one point fell 15 percent, triggering a circuit breaker. The drop raised questions about the durability of the recent rebound and its spillover into cryptocurrencies. The index has slipped below 6,800 after reaching 9,155 in June, with leverage raising the risk of further liquidations. Bitcoin also wobbled, and foreign selling and derivatives volatility remain in focus.