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The KOSPI plunged 10.84% to 6,023.66 — its steepest one-day fall since September 2001 — as China chip fears crushed Samsung and SK Hynix. We also unpack Korea's record 6.7% welfare benchmark increase and why the real heat-wave risk starts this week.
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The 10% US global tariff expires July 24 — here is the math behind the 15% cap Korea is fighting to keep, the ten late-July days that concentrate 30% of heat illness cases, and the 15-trillion-won war chest China's CXMT just raised to chase Samsung in DRAM.
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CJ CheilJedang raises 27 grocery items by 8% on average, Korea bets 550 trillion won on AI data centers, and heat illness cases reach 933 before the real peak. Today's three issues, analyzed with data the headlines left out.