South Korea financial market: The stock market closed slightly higher, with auto stocks offsetting the decline in chip stocks.

The South Korean stock market closed slightly higher on Friday, marking the largest weekly increase in a month. The gains in auto and financial stocks outweighed the decline in chip stocks. The Korea Composite Stock Price Index (KOSPI) closed up 3.32 points, or 0.13%, at 2,575.41 points. The index rose a total of 1.09% this week, marking the largest weekly increase since mid-August and ending a two-week decline. Hyundai Motor rose 2.16% as the company agreed to explore future collaboration with General Motors (GM.N). Affiliated company Kia Motors (000270.KS) also rose 1.41%. The financial sector index rose 2.49%.

環球市場播報03:34 ET

Barclays Maintains General Motors(GM.US) With Buy Rating, Maintains Target Price $60

Moomoo News21:31 ET · Ratings

Barclays criticizes Trump's tariff plan: will damage the profits of European and American companies, and impact the real economy of the usa.

Barclays strategists warn that Trump's proposal to significantly increase tariffs will have a detrimental impact on the profits of transatlantic European and American companies. They point out that the US real economy may be hit by as much as 1.4 percentage points.

cls.cn20:45 ET

What the 2024 Election Means for EV Makers GM, Ford, Tesla

Yahoo Finance19:15 ET

Market Chatter: General Motors to Buy EV Batteries Made With Chinese Technology

MT Newswires14:50 ET

GM and Hyundai to Explore Cooperating on Vehicles, Supply Chain and Clean-energy Technology

MarketWatch14:02 ET