Trade Wars Are Bad. Except for the Korean Stocks Up $1.5 Billion

Photographer: SeongJoon Cho/Bloomberg
Lock
This article is for subscribers only.

Escalating tensions between South Korea and Japan have darkened the clouds overhanging the global economy. But they’ve brightened up a part of the stock market.

South Korean suppliers of key materials for chipmakers have surged about 19% since Japan unveiled measures targeting its neighbor. The thinking is that these companies may win new businessBloomberg Terminal from key players including Samsung Electronics Co. and SK Hynix Inc.