Seoul shares spike 3.5 pct on eased woes over Strait of Hormuz, AI
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Source: South Korea
Published: 2026-08-05 16:39 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Middle East, South Korea, Iran, Technology & AI, Financial Markets, Technology
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Snippet:
SEOUL, Aug. 5 (Yonhap) -- Seoul shares soared by more than 3.5 percent Wednesday as easing concerns over the profitability of artificial intelligence (AI) investments and hopes for an interim agreement between the United States and Iran over the Strait of Hormuz boosted investor sentiment.
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