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South Korea's KOSPI index fell to 8,300 points, down more than 9% on the day.

2026-06-23

South Korea's KOSPI index fell to 8,300 points, down more than 9% on the day.

Other News
2026-06-23

Nasdaq 100 futures fell more than 2%, S&P 500 futures fell 1.08%, and Dow Jones futures fell 0.36%.

Nasdaq 100 futures fell more than 2%, S&P 500 futures fell 1.08%, and Dow Jones futures fell 0.36%.
2026-06-22

Mayor Gong Zheng chaired a city executive meeting today, instructing officials to sustain Q1 economic momentum and push to meet H1 growth targets; boost the scale and capability of strategic emerging industries; accelerate high-quality private invest

Mayor Gong Zheng chaired a city executive meeting today, instructing officials to sustain Q1 economic momentum and push to meet H1 growth targets; boost the scale and capability of strategic emerging industries; accelerate high-quality private investment; and advance the Digital Shanghai initiative. Districts and departments were ordered to extend sector gains, close weaknesses, ensure heavyweight industries act as stabilizing anchors and help pressured sectors reach inflection points. The city will back key regions to carry greater responsibility, priority solving new problems, and coordinate short-term growth stabilization with medium-to-long-term structural transformation. The meeting approved in principle Shanghai’s 15th Five-Year plan for strategic emerging industries, stressing innovation-led development, strengthening core capabilities in three lead industries and key industrial chains, deepening forward-looking deployments in frontier technologies, and expanding industry clusters in targeted niche tracks. The plan calls for institutional reform to unlock business dynamism—wider scenario opening, stronger factor support—and deeper domestic coordination and external opening to raise industry development quality and efficiency.
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