News Formal

Seoul: Stocks fall as Trump-Kim summit fails to yield agreement

  • 📰 BusinessTimes
  • ⏱ Reading Time:
  • 24 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 51%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

[SEOUL] South Korea's Kospi stock index extended its loss on Thursday on growing geopolitical risk after the summit between the United States and North Korea signalled dissonance, failing to produce an agreement in the end. The Korean won weakened, while the benchmark bond yield rose. Read more at The Business Times.

[SEOUL] South Korea's Kospi stock index extended its loss on Thursday on growing geopolitical risk after the summit between the United States and North Korea signalled dissonance, failing to produce an agreement in the end. The Korean won weakened, while the benchmark bond yield rose.

South Korea's central bank kept monetary policy steady on Thursday in the face of rising economic risks and muted inflation. Markets barely reacted to the widely-expected rate decision.Shares of South Korean chip giants Samsung Electronics and SK Hynix stumbled on plunging prices of memory chips. MSCI's broadest index of Asia-Pacific shares outside Japan was down 0.48 per cent, after US stocks closed down. Japanese stocks fell 0.79 per cent.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 15. in ZA

South Africa South Africa Latest News, South Africa South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

European stocks rally as Trump delays China tariffsLONDON: European stocks rebounded on Monday (Feb 25) after US President Donald Trump said he would delay a hike in tariffs on Chinese goods, ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

Asia: Most stocks dip with Wall Street, dealers await trade talks news[HONG KONG] Asian markets mostly fell on Friday, tracking losses on Wall Street as optimism over the China-US trade talks was trumped by a weak round of US data that revived concerns about economic growth. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »

US: Stocks dip as Nike, Tesla stumble[NEW YORK] Wall Street stocks retreated on Thursday following lackluster economic data and stumbles by some high-profile companies, including Tesla and Nike. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »

Stocks to watch: UOB, OCBC, Sevak, HRnetGroup, Nordic GroupTHE following companies saw new developments that may affect trading of their shares on Friday: Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »