Korean stocks soared almost 2 percent Thursday as investors bought bargains after four consecutive sessions of decline amid ongoing geopolitical risks in the Middle East and speculation about delays in U.S. interest rate cuts. The Korean won rebounded sharply against the U.S. dollar.
Stock Market Today: Asia Stocks Are Mostly Lower After Wall St Rebound Led by Big Tech usnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from usnews.com Daily Mail and Mail on Sunday newspapers.
Citi emerged as the top underwriter for equity capital markets (ECM) in Asia ex-Japan for the first quarter (Q1) of 2024, continuing the strong momentum built in 2023. At the end of Q1, Citi commanded a total issuance volume that was double that of the next closest competitor.
The landslide victory of the main opposition Democratic Party of Korea (DPK) in Wednesdays general elections is likely to dash many of the government s economic policy plans that require the National Assembly s approval for legislative revisions.