South Korea & MSCI World

South Korea: South Korea's KOSPI index showed strong performance, driven by AI stocks.

MSCI World: The MSCI All-World index achieved its best quarterly performance since 2020, reflecting broad global stock market gains.

South Korea: Experienced extreme volatility in its stock market, driven by AI chip stocks.

MSCI World: The global stock index hit record intraday highs.

South Korea: South Korean banks held $6 billion of frozen Iranian funds, which were later transferred to Qatar>>> pending a prisoner release, highlighting its role in the initial fund freezing.

MSCI World: MSCI's gauge of stocks across the globe rose, indicating a general positive trend in global markets influenced by the U.S.-Iran peace prospects.

South Korea: South Korea's Kospi index reached a record high, driven by gains in AI-related companies like Samsung Electronics and SK Hynix.

MSCI World: MSCI World index rose to a record high, reflecting improved market sentiment driven by hopes of a US-Iran deal and strong performance in the tech sector.

South Korea: South Korea's stock market, particularly the KOSPI, experienced significant gains due to strong performance in its technology sector, driven by companies like Samsung Electronics and SK Hynix, and the broader AI boom.