Investors were already wary of South Korean stocks. Then the country descended into chaos

South Korean markets have had a dismal 2024, with the so called "Korea discount" in its stock markets widening compared to other global peers.

The country's benchmark stock index, Kospi, has lost over 7% this year and the underperformance of the South Korean market signals its "Corporate Value-Up" program, South Korea under Yoon had strived to boost the country's stock markets and combat the "Korea discount" via a Japan-style

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