KOSPI soars

A financial data screen in the dealing room of Hana Bank in Seoul on Aug. 5, 2025, shows the benchmark Korea Composite Stock Price Index having risen 50.25 points, or 1.60 percent, to close at 3,198.00. South Korean stocks closed sharply higher amid heightened expectations the U.S. Federal Reserve may soon pivot to monetary easing following an employment shock. (Yonhap)

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