BENGALURU (Jan 27): South Korea's won recouped early losses on Tuesday, and stocks rose to a record high, as the country showed its commitment to implementing a trade deal with the US following fresh tariff threats. The won was largely flat at 1,444.9 per dollar after falling 0.6% earlier in the session. Higher tariffs can negatively affect non-tech exports such as autos and pharmaceuticals, but they should not have an impact on chip exports, which are currently the key driver of South Korea's exports," he said. In Indonesia, the rupiah recovered from early losses to trade flat at 16,770 per dollar. Singapore stocks rose more than 1% to log a fresh high.

Source: The Edge Markets January 27, 2026 08:42 UTC