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Seoul: Stocks drop as investors lose confidence after weak US data[SEOUL] South Korea's KOSPI stock index slipped on Tuesday as investors were fretting about an unexpected fall in US construction spending in December. The Korean won weakened, while the benchmark bond yield rose. Read more at The Business Times.
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Seoul: Stocks rebound as foreigners turn net buyers; won rises[SEOUL] South Korea's Kospi stock index rose slightly on Tuesday as foreigners turned net buyers following a sharp decline in the previous session. The Korean won edged higher against the dollar and the benchmark bond yield rose. The Seoul stock market's main Kospi closed up 3.94 points or 0.18 per cent to 2,148.80 points. Read more at The Business Times.
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Seoul: Stocks sink as Trump hits China's Huawei with severe sanctions[SEOUL] South Korea's KOSPI stock index sagged on Thursday as US President Donald Trump escalated trade frictions with China, by imposing sanctions on Chinese telecommunications giant Huawei. Meanwhile, the Korean won and the benchmark bond yield fell. Read more at The Business Times.
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Seoul: Stocks rise tracking Wall Street on trade optimism; won steady[SEOUL] South Korea's KOSPI stock index rose 9.46 points, or 0.45 per cent, to 2,091.30 on Wednesday, in line with Wall Street gains on trade optimism. Read more at The Business Times.
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