Time now for an in-depth look at the market news this afternoon.
And for that, I'm joined on the line by Dr. Yang Jun-sok, professor of economics at the Catholic University of Korea.
Professor Yang, thank you for coming on today.
Now, we have the Korean government coming out with a third extra budget for the first time in half a century. So what kind of effect do you think this extra spending will have, and what concerns might there be?
Korea is reopening its case at the WTO against Japan's export restrictions. This of course is an issue related to semiconductors. What does this case mean for Korean companies?
New York stocks were up quite a bit overnight despite the riots across the country. The KOSPI also up for a fourth session in a row, and by quite a bit. Take us through the markets, Professor Yang.