The benchmark KOSPI dropped 1.86% to around 3,406 on Friday, marking a third consecutive session of losses as large-cap stocks retreated amid growing concerns over prolonged tariff negotiations with the US. Investors remained on edge as discussions on a potential $350 billion investment and trade package have dragged on without clear progress. Notable decliners included SK Hynix (-4.49%), LG Energy Solution (-2.90%), and Samsung Electronics (-2.44%). On the currency and policy front, The government unveiled plans for 24-hour FX trading and an offshore won settlement system to boost foreign access and support South Korea’s bid for MSCI developed market status. The won currently trades only until 2 a.m., limiting US investor participation, and while the reforms are seen as steps toward greater internationalization, they risk adding transitional uncertainty and volatility to the currency market in the near term.