KOSPI plunges near 4 percent

A financial data screen at the dealing room of Hana Bank in Seoul on Aug. 1, 2025, shows the benchmark Korea Composite Stock Price Index having plummeted 126.03 points, or 3.88 percent, to close at 3,119.41. South Korean stocks nose-dived as investor sentiment was dragged down by the government's tax revision proposal to raise taxes on corporations and stock investors. (Yonhap)

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