Tag: South Korea
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MSCI keeps South Korea at emerging market status, cites FX accessibility
SEOUL, June 24 : Global index provider MSCI kept South Korea in its emerging-market category, citing long-standing accessibility issues related to the onshore foreign exchange market in its annual market-classification review. “The Korean won is not deliverable offshore. Even more concerning, onshore liquidit
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MSCI keeps South Korea as emerging market, delays Indonesia review amid downgrade risk
The review comes amid hopes that Seoul could be included in MSCI’s Developed Markets watchlist.
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South Africa must beat South Korea to make history, says coach Broos
MONTERREY, Mexico, June 23 : South Africa coach Hugo Broos believes his team can make history by reaching the World Cup’s second round for the first time, but said they must beat South Korea in a do-or-die Group A showdown in Monterrey on Wednesday. South Korea have three points after beating the Czech Republ
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South Korea’s stock market just had one of its worst days ever. Why Morgan Stanley says it’s not breaking down
The Kospi index fell about 10% in Tuesday’s session, marking its worst session since March.
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Here’s why we decided to put money to work in Tuesday’s market pullback
The action on Wall Street looks far more constructive than it appeared at the crack of dawn.
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One factor may keep chip stocks on a roller coaster for foreseeable future
Tech is dragging global stock markets lower Tuesday, with the sell-off driven primarily by chipmakers. Leveraged ETFs could stoke the volatility.
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South Korea’s KOSPI tanks nearly 10% to lead tech-fuelled Asia rout
Samsung and SK Hynix shed more than 12 per cent each, triggering an automatic 20-minute bourse-wide trading halt in the afternoon.
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BigBang’s Daesung denies dating rumours with Kara’s Youngji
The rumours first spread online after the two celebrities were spotted sitting together at K-pop girl group Mamamoo’s recent concert in South Korea.
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North Korea’s Kim vows to accelerate military buildup: KCNA
Kim Jong Un cited efforts by Washington and Seoul to push forward with South Korea’s possession of a nuclear submarine as one justification for accelerating North Korea’s military buildup.
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South Korea market watchdog offers rare mea culpa over leveraged ETFs
SEOUL, June 22 : The head of South Korea’s market watchdog offered a rare mea culpa on Monday, saying it was too hasty in approving leveraged funds tied to some of the country’s best-known chip stocks.The comments from Lee Chan-jin, governor of the Financial Supervisory Service, are some of the starkest yet a
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