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Currency traders watch monitors near a screen showing the Korea Composite Stock Price Index , top left, and the foreign exchange rate between U.S. dollar and South Korean won, top center, at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Tuesday, Dec. 10, 2024.
At a meeting announced late Monday, top Chinese leaders agreed on a “moderately loose” monetary policy for the world’s second-largest economy. That’s the first move in 10 years away from a more cautious, “prudent” stance. A majorTokyo's Nikkei 225 gained 0.5% to 39,335.74 while the Kospi in South Korea jumped 2.3%, recovering some of its recent losses as the country's recentTaiwan's Taiex shed 0.
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