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South Korea’s KOSPI Market Crash Wipes $370B as Coinone Talks Heat Up

South Korea’s KOSPI Market Crash Wipes $370B as Coinone Talks Heat Up

2026-05-16

KOSPI Market CrashThe KOSPI market crash erased 509 trillion South Korean won, or about $370 billion, from South Korea’s stock market within six hours on May 15. The sell-off came as emerging-market assets weakened under pressure from rising oil prices. Bloomberg reported that South Korea led losses among emerging markets after two straight sessions of growth. Shares […]

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