Kospi opens sharply lower on tech slump, triggers 10th sell-side sidecar this year
The Korea Exchange issued a sell-side sidecar — a temporary halt in program trading — on the bourse Kospi after stocks opened sharply lower on Friday morning and a selling spree began.
Unification Minister Chung Dong-young, left, shakes hands with Mongolian President Ukhnaa Khurelsukh in Ulaanbaatar, Mongolia, on June 4, 2026.
MINISTRY OF UNIFICATION
Unification Minister Chung Dong-young met with Mongolian President Ukhnaa Khurelsukh to discuss deepening bilateral ties and advancing peace on the Korean Peninsula, the Ministry of Unification said on Friday.
Chung is currently in the Mongolian capital for the 11th Ulaanbaatar Dialogue, a forum on security and peace cooperation in Northeast Asia.
In his meeting with the president, Chung said that Mongolia, one of the few countries that maintains friendly ties with both South Korea and North Korea, is uniquely positioned to help advance peace on the peninsula.
He called on Ulaanbaatar to push Pyongyang to rejoin the forum, which North Korea last attended in 2018, and jointly explore ways to pursue trilateral cooperation among the two Koreas and Mongolia.
Khurelsukh said that bilateral relations had entered “a golden era” and expressed firm support for Seoul's peaceful coexistence policy regarding Pyongyang, according to the ministry.
At the forum's opening session a day earlier, Chung proposed a four-way dialogue involving South Korea, North Korea, the United States and China to establish a peace regime on the Korean Peninsula.
The two-day forum wraps up later in the day, with Chung set to return home on Saturday.
Yonhap