South Korea\'s KOSPI is nearing a break above its previous record high, lifting expectations for a stock market rally as Middle East geopolitical risks ease. The index slipped on April 17 as foreign investors turned to heavy net selling after U.S. shares hit records. Analysts expect strong tussles around the 6,300 level but see a record high as a matter of time, with semiconductors the key driver. They also recommend portfolio hedges such as IT hardware, defence and machinery.

Naver’s commerce business is extending a steep growth run, with its share of total revenue topping 30 percent for the first time and shopping app users reaching record highs. Multiple factors are seen driving the gains, including a revamped fee structure, expansion of overseas consumer-to-consumer platforms, efforts to strengthen fresh food offerings and the introduction of a shopping AI agent. Brokerages expect strong growth to continue this year.