Finance

KOSPI recovers 7,500 level after sell sidecar; foreigners sell for eighth session

South Korea\'s KOSPI plunged more than 5 percent early on May 18, triggering a sell sidecar for a second straight session, but later recovered most losses to regain the 7,500 level. The index ended down 0.31 percent at 7,516.04 after falling as low as 7,142.71. Retail and institutions were net buyers, while foreigners were net sellers. The won weakened against the dollar.

AI & Enterprise

Global AI money shifts to Taiwan, South Korea, putting India\'s top 5 stock market status at risk

Global investors are moving money out of India and into Asian markets seen as major beneficiaries of artificial intelligence infrastructure, raising the risk that India’s stock market could fall out of the world’s five largest for the first time in 3 years. India’s weight in the MSCI Emerging Markets index has declined and foreign investors have recorded net outflows in 2026. Taiwan and South Korea have attracted inflows, while Indian IT services stocks have come under pressure.