Why North Korea’s Kim sees no need for another ‘photo-op summit’ with Trump
Published . Updated .
Key takeaways
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Trump talks of friendship, but analysts say a US$6 billion crypto row and fresh sanctions have all but put paid to future summitry.
Directly affected
- No company is named in this report.
Indirectly affected
- IBIT iShares Bitcoin Trust-11.2% 30d
iShares Bitcoin Trust: it follows bitcoin. Linked by “crypto” (crypto) in this story.
- EWY iShares MSCI South Korea ETF-21.2% 30d
iShares MSCI South Korea ETF holds stocks listed in South Korea, which this story is about (“korea”).
- COIN Coinbase Global-31.4% 30d
Coinbase Global (finance services): crypto firms' revenue moves with crypto prices and rules. Linked by “crypto” (crypto) in this story.
- MSTR Strategy-21.8% 30d
Strategy (finance services): crypto firms' revenue moves with crypto prices and rules. Linked by “crypto” (crypto) in this story.
- MARA MARA Holdings-6.2% 6d
MARA Holdings (finance services): crypto firms' revenue moves with crypto prices and rules. Linked by “crypto” (crypto) in this story.
- RIOT Riot Platforms-52.5% 30d
Riot Platforms (finance services): crypto firms' revenue moves with crypto prices and rules. Linked by “crypto” (crypto) in this story.
Price reaction, T-5 to T+3
| Ticker | T-5 | T-3 | T-1 | T0 | T+1 | T+2 | T+3 |
|---|---|---|---|---|---|---|---|
| IBIT | +4.77% | -1.52% | base | after close | after close | after close | after close |
| EWY | +7.01% | -1.34% | base | after close | after close | after close | after close |
| COIN | +11.73% | -1.44% | base | after close | after close | after close | after close |
| MSTR | +7.12% | -3.72% | base | after close | after close | after close | after close |
| MARA | +2.51% | -5.85% | base | after close | after close | after close | after close |
| RIOT | +3.28% | -8.77% | base | after close | after close | after close | after close |
Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.
Why North Korea’s Kim sees no need for another ‘photo-op summit’ with Trump South China Morning Post
Source: South China Morning Post
Ishares Msci South Korea Etf (EWY) since this story, compared with the market
| Company | When | Move | Status |
|---|---|---|---|
| COIN | three days earlier | -1.44% | final price |
| COIN | five days earlier | +11.73% | final price |
| Ishares Msci South Korea Etf (EWY) | three days earlier | -1.34% | final price |
| Ishares Msci South Korea Etf (EWY) | five days earlier | +7.01% | final price |
| IBIT | three days earlier | -1.52% | final price |
| IBIT | five days earlier | +4.77% | final price |
| MARA | three days earlier | -5.85% | final price |
| MARA | five days earlier | +2.51% | final price |
| MSTR | three days earlier | -3.72% | final price |
| MSTR | five days earlier | +7.12% | final price |
| RIOT | three days earlier | -8.77% | final price |
| RIOT | five days earlier | +3.28% | final price |
Trades by members of Congress and officials in the stocks in this story
- Rep. Rohit Khanna bought Coinbase Global (COIN) (held by a spouse), worth $1,001 - $15,000 on 4 Sep 2026. That is 61 days before publication. Filed 7 Oct 2026. View the filing.
- Rep. Gilbert Cisneros sold Coinbase Global (COIN), worth $1,001 - $15,000 on 18 Aug 2026. That is 78 days before publication. Filed 10 Sep 2026. View the filing.
- Donald J Trump, an executive branch official, sold Coinbase Global (COIN), worth $1,001 - $15,000 on 10 Aug 2026. That is 86 days before publication. Filed 8 Oct 2026. View the filing.
- Donald J Trump, an executive branch official, bought Strategy (MSTR), worth $1,001 - $15,000 on 10 Aug 2026. That is 86 days before publication. Filed 8 Oct 2026. View the filing.
Public disclosure filings, not a recommendation. The filing link is the source document. News use of these reports still sits under 5 U.S.C. § 13107(c).
Who gains and who loses around Ishares Msci South Korea Etf (EWY)
Companies tied to this story
- EWY Ishares Msci South Korea Etf
In “Why North Korea’s Kim sees no need for another ‘photo-op summit’ with Trump,” Ishares Msci South Korea Etf (EWY) is linked, with no stored direction, medium confidence. Reason on file: iShares MSCI South Korea ETF holds stocks listed in South Korea, which this story is about (“korea”)
- KB KB Financial Group
In “Why North Korea’s Kim sees no need for another ‘photo-op summit’ with Trump,” KB Financial Group (KB) is linked, with no stored direction, medium confidence. Reason on file: KB Financial Group (commercial banks) is one of the largest South Korea-based companies traded in the US, so news about South Korea (“korea”) reaches its shares
- SHG Shinhan Financial Group
Shinhan Financial Group (SHG) is linked, with no stored direction, medium confidence in the 4 Nov 2026 story “Why North Korea’s Kim sees no need for another ‘photo-op summit’ with Trump.” Reason on file: Shinhan Financial Group (national commercial banks) is one of the largest South Korea-based companies traded in the US, so news about South Korea (“korea”) reaches its shares
- PKX Posco Holdings
Posco Holdings (PKX) is linked, with no stored direction, medium confidence in the 4 Nov 2026 story “Why North Korea’s Kim sees no need for another ‘photo-op summit’ with Trump.” Reason on file: POSCO Holdings (steel works, blast furnaces and rolling mills (coke ovens)) is one of the largest South Korea-based companies traded in the US, so news about South Korea (“korea”) reaches its shares
Ishares Msci South Korea Etf (EWY)
“Why North Korea’s Kim sees no need for another ‘photo-op summit’ with Trump” (4 Nov 2026) reaches Ishares Msci South Korea Etf (EWY) through this story.
What ties Ishares Msci South Korea Etf (EWY) to the headline is this: iShares MSCI South Korea ETF holds stocks listed in South Korea, which this story is about (“korea”)
Also listed, KB Financial Group (KB): KB Financial Group (commercial banks) is one of the largest South Korea-based companies traded in the US, so news about South Korea (“korea”) reaches its shares
The price range for Ishares Msci South Korea Etf (EWY), and the dates in the story
EWY traded between 148.30 and 190.33 across 20 sessions. The latest close on file is 151.81. KB traded between 121.17 and 125.39 across 3 sessions. The latest close on file is 122.06.
A simple score for Ishares Msci South Korea Etf (EWY)
41 out of 100
“Why North Korea’s Kim sees no need for another ‘photo-op summit’ with Trump” scores 41 out of 100. The score uses 2 sources, and 4 linked companies.