After surging thanks to the AI boom, the South Korean stock market now faces "side effects"
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A path ascending towards the clouds—executive bonuses exceed $800,000, and chip exports repeatedly break historical records; another path is slowly descending—real household consumption shrinks for the first time in five years, and non-IT industries struggle to survive amid structural weakness. Based on this, Goldman Sachs predicts that the Bank of Korea will be forced to raise interest rates twice this year, and the Bank of Korea itself has also changed its stance, opening the door for a "shift towards tightening."
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