South Korea · General

KOSPI opens again at fresh high of above 7,900 on extended chip rally amid Iran deadlock

· By Kim Na-young
Story summary

SEOUL, May 12 (Yonhap) -- South Korean stocks opened at a fresh record high of above 7,900 points Tuesday, heading toward the unprecedented 8,000-point mark, as major chipmakers continued their bull run, despite woes over little progress in peace talks between the United States and Iran.

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