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South Korea's KOSPI index falls as much as 8% in early trading

NewsFeeds update

The story so far: KOSPI decline led by chipmakers

An AI-led selloff after Democratic US midterm wins hit Asian chip stocks and pushed the KOSPI down over 5%. South Korea's finance minister called an emergency market meeting and exempted broker margin guarantees for three months; the waiver of the 140% margin loan collateral rule now runs three months from 9 November.

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  1. South Korea's KOSPI index falls as much as 8% in early trading

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