KOSPI soars
A financial data screen in the dealing room of Hana Bank in Seoul on Aug. 25, 2025, shows the benchmark Korea Composite Stock Price Index having risen 41.13 points, or 1.30 percent, to close at 3,209.86. South Korean stocks closed sharply higher after Federal Reserve Chairman Jerome Powell hinted at a possible rate cut during the U.S. bank's meeting next month. (Yonhap)
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