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In his November 7, 2017, speech to South Korea’s National Assembly, then-President Donald Trump unambiguously noted that “this alliance between our nations was forged in the crucible of war and strengthened by the trials of history.
While the South Korean won racked up the biggest losses among Asian currencies in the final quarter of 2024, investors say part of that drop is due to a strong US dollar trend and global trade risks linked to US President-elect Donald Trump, rather than domestic politics.
South Korea's Hyundai Motor Group said on Thursday it planned to boost domestic investment by 19% to a record high of 24.3 trillion won ($16.65 billion) this year to secure future growth even as it grapples with economic and political uncertainties.
South Korea was spared a financial maelstrom even as it battles a political crisis, underscoring the extent to which its markets have matured, bolstered by swift efforts to reassure investors.Most Read from BloombergIs This Weird Dome the Future of Watching Sports?
SOUTH Korea was spared a financial maelstrom even as it battles a political crisis, underscoring the extent to which its markets have matured, bolstered by swift efforts to reassure investors. Read more at The Business Times.
The FTSE 100 index opened down 17.45 points, 0.2%, at 8,206.53. The FTSE 250 was up 36.75 points, 0.2%, at 20,628.15, and the AIM All-Share was up 1.42 points, 0.2%, at 726.82.
The fund tracks the FTSE Developed ex US All Cap Index ... markets relative to the category average, namely Japan, South Korea, and Canada. South Korea and Canada together represent more than ...
SM Entertainment shares are up on the announcement of the company's new K-pop girl group and more music stocks news.
Futures on the Dow Jones Industrial Average (DJI) are pointed firmly lower, following yesterday's 703-point pop, while S&P 500 Index (SPX) futures sit flat, and Nasdaq-100 Index (NDX) futures manage a modest gain.
Share benchmarks in China showed scant reaction, given that the 5% annual growth exactly matched the government's target for “about 5%” growth in 2024. The economy grew 5.4% year-on-year in the October-December quarter.
Expectations of a still accommodating Fed and strong data from the big US banks were the main stimuli for the great upward movement on the stock markets: from the US to Asia and probably also in Europe this morning.