the news now

The world's news, cross-checked among reputable sources.

This is a new development in a story we have covered before · earlier coverage

Seoul Stocks Rise as Oil Prices Ease Following Trump Comments on Iran

morning · · thread: Oil Prices Drop as US and Iran Pause Military Hostilities

2 sources · South Korea · 1 of them is linked to a state

Who reported this

  • Yonhap South Korea · Centre · State-affiliated · Cooperative; statutory national agency with state subsidy
  • The Korea Herald South Korea · Centre-right · Herald Corporation (Yeongpoong Group)

What the colours mean

  • Left
  • Centre-left
  • Centre
  • Centre-right
  • Right
  • A hatched block means the outlet is affiliated with, or controlled by, a state.

Political lean describes where an outlet sits within the politics of its own country. It is never a position on a single global scale.

Political lean is comparable inside one country and not across them, which is why the bar groups by country first. Publicly funded broadcasters are not marked as state-linked.

The owner of each outlet is listed as a matter of record, not as a judgement about the outlet.

Every source for this story reports from South Korea.

Seoul shares opened higher on Thursday, tracking overnight gains on Wall Street and a decrease in oil prices. The benchmark Korea Composite Stock Price Index (KOSPI) rose 1.33 percent at the opening bell, reaching 6,650.33. This recovery followed a 3.99 percent plunge in the previous session, which was driven by concerns over Middle East tensions and potential U.S. Federal Reserve rate hikes. The market shift occurred after U.S. President Donald Trump stated that renewed U.S. attacks on Iran would likely be short lived, which eased inflation concerns. Overnight, the Dow Jones Industrial Average rose 0.56 percent and the Nasdaq composite gained 0.45 percent. Tech stocks led the gains in Seoul, with Samsung Electronics and SK hynix both seeing increases. Other gains were noted for Hyundai Motor and LG Energy Solution. Conversely, SK Telecom and SK Innovation experienced declines. By 11:20 a.m. the KOSPI had extended its gains to 1.4 percent, trading at 6,654.76.

How each side framed it

Centre
These reports focused on the technical market data and the direct causal link between Trump's comments and the stock recovery.
Centre-right
This reporting emphasized the tracking of U.S. market gains as a primary driver for the opening increase.

Sources

100% of the statements in this article were traced back to the source articles listed above.