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S Korean shares snap 3-day winning streak amid eased US rate hike woes

South Korean shares closed lower Friday to end their three-day winning streak amid speculation that the Federal Reserve may end its aggressive rate hike campaign on eased inflation woes. The local currency closed unchanged against the US dollar. The benchmark Korea Composite Stock Price Index fell 18.33 points, or 0.74 percent, to close at 2,469.85. Trade volume was slim at 382.7 million shares worth 7.9 trillion won.

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ESG investments lose steam in Korea

Interest in environmental, social and corporate governance (ESG) investments seems to be waning in Korea due to a worsening economic outlook and continuing high interest rates. The trend becomes evident in both money flows observed in domestic exchange-traded funds (ETFs) on the theme of ESG investment, and the funds returns during the past months.

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[54th Modern Korean Literature Translation Awards] Fiction Commendation Award: We in the Same Place

Written by Park Seon-woo

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Korea Stocks Drop, Paring Massive Gain Seen on Short-Selling Ban

(Bloomberg) South Korea’s benchmark stock index fell, as a jump on Monday triggered by the nation’s sudden ban on short-selling run its course. Most Read from BloombergTrump Testimony Called a ‘Broken Record’ by Judge: Trial UpdateIsrael Latest: Netanyahu Sees a Role in Gaza Security After WarWeWork Goes Bankrupt, Signs Pact With Creditors to Cut DebtWall Street Faces ‘Reality Check’ After Big Rally: Markets WrapTrump Shouts at Judge and Lawyers in Wild Day on Witness StandThe Kospi Index and

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Korea s Kospi Stock Gauge Dips, Paring Gain on Short-Selling Ban

Korea s Kospi Stock Gauge Dips, Paring Gain on Short-Selling Ban
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