Tag: South Korea
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One fought for the South, one for the North. Both are still living the Korean War
An armistice ended the fighting in the Korean War three years after it started, but the two sides have never signed a peace treaty.
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KOSPI bounces back as Asian markets look to recover from rout
Investors tentatively got back on the horse in Seoul as they picked up the pieces following a 10 per cent collapse in the KOSPI on Tuesday, which was led by 12 per cent losses in chip giants and market heavyweights SK Hynix and Samsung.
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South Korea says North Korean soldier in custody after crossing border: Report
The North Korean soldier is believed to have defected, according to South Korea’s Yonhap news agency.
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North Korea’s Kim unveils plans for 10,000-ton warships, nuclear navy
North Korean leader Kim Jong Un announced the plans at the commissioning of the Choe Hyon, one of two 5,000-ton-class warships the country launched last year.
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South Korea’s KOSPI surges 4.1% as chip stocks recover
The KOSPI gained more than 330 points moments after trading began on Wednesday (Jun 24), instantly recouping a massive chunk of the losses from a nearly 10 per cent plunge a day earlier.
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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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