Minister apologizes as Korean leveraged ETF investors nurse heavy losses amid chip stock rout

South Korean Finance Minister Koo Yun-cheol said on Tuesday he would try to derive a mutually beneficial trade agreement with the United States. Bloomberg | Bloomberg | Getty Images South Korea’s finance minister apologized on Wednesday after retail investors racked up heavy losses from leveraged bets on stocks, following rule changes earlier this year. The…

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South Korean traders’ leveraged bets unravel

A Korea Exchange (KRX) employee monitors stock market data on computer screens in the Yeouido financial district of Seoul, South Korea, on May 11, 2026. Chris Jung | Nurphoto | Getty Images South Korean retail investors who piled into leveraged bets on the country’s AI champions are nursing steep losses after a sharp reversal, exposing…

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