Korea, explained for the rest of the world

Where Korea is heading — and what it means for your money, career, and life. Daily analysis of the Korean economy, its technology industry, its capital markets, and what it costs to live and work here — written in English, sourced to the primary data.

Markets & Investing

Korea's 2026 market crash, explained: what broke, what it cost, and where the KOSPI stands now

The KOSPI nearly doubled, then fell roughly 40% from its June peak. Here is what actually caused it — leveraged single-stock ETFs, margin debt and a two-stock index — and what the market looks like in August 2026.

6 min read

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