S&P 5007,765.36▼0.5% Nasdaq27,193.34▼1.2% Dow51,231.64▲0.1% Russell 2K2,794.13▲0.0% 10-Yr5.23%−5bp VIX15.41+0.33 WTI$91.10▲3.2% Gold$4,157.80▲0.4% EUR/USD1.122▼0.3% BTC$81,907▼1.4% Nikkei70,036▼0.9%
At close · Thu, Oct 8, 2026
Daily Market Updates.

Global Markets

Home›Global Markets›Trade & Tariffs›South Korea tests its first domestically developed hyp…

South Korea tests its first domestically developed hypersonic weapon

The test involved separation from a booster rocket, followed by vertical and horizontal manoeuvring before striking a target.

South Korea flight-tested on Thursday its first domestically developed hypersonic weapon, designed to fly at least five times the speed of sound and evade missile defence systems, according to a statement cited by SCMP Economy.

The statement said the weapon separated from its booster rocket at the planned altitude, then descended and manoeuvred both vertically and horizontally before hitting a test target, but it did not specify where the test took place.

South Korean President Lee Jae Myung attended the test and said it was a major step in strengthening the country’s conventional defence capabilities, the statement said.

SCMP Economy also noted there was no immediate response from North Korea, after Pyongyang last week tested a hypersonic missile that landed in waters near Japan.

More like this

Sources

Get the close, explained.

One email every trading day: what moved, why it moved, and what's on deck tomorrow. Read in 3 minutes.

Free. Unsubscribe anytime.