South Korea's Kospi plunges 7% amid selloff in the region as Middle East war escalates [MSNBC.com]
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Source: MSNBC.com
In this article19 November 2025, China, Shanghai: Boats sail past downtown Shanghai on the Huangpu River. The tallest building on the skyline is the Shanghai Tower (rear).Bernd von Jutrczenka | Picture Alliance | Getty ImagesSouth Korea's Kospi declined 7.24% Wednesday, extending a steep selloff from the day before when the index recorded its worst day in 19 months, amid an escalating war in the Middle East.Investors in the region will also be watching an annual parliamentary meeting by China's policymakers that kicks off later in the day.The gathering, dubbed the"Two Sessions,"decided at a December meetingAustralia'sS&P/ASX 200Nikkei 225Hong KongHang Seng indexOil pricesextended gainsattempting to close the Strait of HormuzA senior commander from Iran's Revolutionary Guard said on Monday that thecritical artery had been shutU.S. President Donald Trump said Tuesday afternoon that the U.S. Navywill escort tankers through the Strait of Hormuz"No matter what, the United States will ensur
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