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Asia-Pacific Markets Surge Despite South Korea's Economic Slump

1/22/2026

26 3 Full Breakdown

Summary

Story summary

Asia-Pacific markets rebounded on January 22, 2026, after gains on Wall Street.
South Korea's Kospi rose 1.81% to pass 5,000, with Samsung SDI up 13.27%.
South Korea's economy contracted 0.3% quarterly from October to December.
Yearly GDP growth slowed to 1%, the weakest since 2020.
U.S. President Donald Trump said he would not use force to seize Greenland and discussed a possible deal with NATO Secretary General Mark Rutte at Davos.

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Story summary

Asia-Pacific markets rebounded on January 22, 2026, after gains on Wall Street.
South Korea's Kospi rose 1.81% to pass 5,000, with Samsung SDI up 13.27%.
South Korea's economy contracted 0.3% quarterly from October to December.
Yearly GDP growth slowed to 1%, the weakest since 2020.
U.S. President Donald Trump said he would not use force to seize Greenland and discussed a possible deal with NATO Secretary General Mark Rutte at Davos.