Saturday, August 29, 2026

Market Shock: KOSPI Falls Amid Global Tensions and Profit-Taking – What Investors Need to Know

The KOSPI index fell nearly 2% amid profit-taking and volatility in New York markets, while the KOSDAQ saw slight gains.

Elon Musk Teases X Money, a New Banking App Born from Twitter

Elon Musk has begun beta testing for X Money, a new banking app set for 2025, with limited access and licenses in 41 states.

U.S. Treasury: No Trade Deal Until Approval by South Korea’s National Assembly—25% Tariffs Loom

U.S. Treasury Secretary Bessent states no trade deal with South Korea until Korean Parliament approval; 25% tariffs loom.

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