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Page 25 - Kospi News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Seoul shares spike 2 7% on expectations of slowdown in US inflation

Korean stocks rallied by nearly 3 percent Tuesday as investors were optimistic ahead of the release of the U.S. inflation data, with eyes on the Federal Reserve s rate-setting policy meeting set for next week. The local currency rose against the U.S. dollar.

Stocks in Asia gain ground, Hang Seng soars 700 points

Stocks in Asia forged ahead on Thursday, particularly in Hong Kong, where the main index, the Hang Seng, surged 699.64 points to 3.63 percent to close at 19,968.38.

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