Seoul stocks open lower on Monday as investors look ahead to major third-quarter earnings from leading chipmakers and a forthcoming U.S. Federal Reserve policy decision. Korea’s benchmark KOSPI starts down, with losses pared after the open, as global sentiment is affected by rising oil prices and lingering concerns about returns on large-scale AI-related investments.
Outlets frame the same core drivers: upcoming results from SK hynix and Samsung Electronics, and expectations that the Fed will keep interest rates unchanged despite persistent inflation. The market focus is on what the earnings reports may signal for AI chip demand and memory pricing. Yonhap’s multiple briefs repeat the same basic report structure and ordering, while Korea Times adds further context about recent volatility, heavy foreign selling, and Wall Street’s weaker close.
