Seoul: South Korean stocks achieved a new peak on Friday following the conclusion of a seven-day Chuseok holiday, driven by significant gains in Samsung Electronics and SK hynix. The local currency experienced a substantial drop, hitting its lowest level in over five months. The Korea Composite Stock Price Index (KOSPI) increased by 61.39 points, or 1.73 percent, closing at 3,610.6 and surpassing the 3,600 mark for the first time.
According to Yonhap News Agency, in a separate development, North Korea and China have resumed a cross-border land route for postal services. The route, connecting North Korea's Sinuiju and China's Dandong, was officially reopened on September 25. This resumption was facilitated by cooperation from relevant government agencies, as reported by China's state postal service on social media.