KOSPI spiked 5% to 7,166 intraday but closed at 6,797.70, up just 0.74% — JPMorgan puts the margin unwind at 75% done. Plus why a 10m won fine could unseat Seoul's mayor, and why a 10-month diplomat data breach was disclosed 5 months late.
South Korea's special counsel probe just hit a record 690 days and 2.7 billion won in added funding — already longer than the U.S. Mueller investigation. Here's why, and what's left to prove.
KOSPI bounced back 3.56% to 6,747.95 one day after its 4.46% crash. The three forces behind the rebound, a 30-day special counsel extension that ended a 50-day parliamentary standoff, and 120mm more rain on saturated ground — with context the headlines skip.
North Korea's foreign minister made her first official visit to Russia in 9 months, and a Gallup Korea poll found 61% want prosecutors to keep supplementary investigation powers. Plus Samsung's first AI glasses due July 22 — three issues unpacked with data the original reports left out.