KOSPI soars

A financial data screen in the dealing room of Hana Bank in Seoul on Dec. 2, 2025, shows the benchmark Korea Composite Stock Price Index having gained 74.56 points, or 1.90 percent, to close at 3,994.93. South Korean stocks closed sharply higher, buoyed by gains in major chipmakers and automakers, as the United States has confirmed that tariff rates on imports from Seoul would be lowered to 15 percent retroactively. (Yonhap)

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