The South Korea stock market has ticked higher in two straight sessions, collecting more than a dozen points or 0.5 percent along the way. The KOSPI now rests just above the 2,665-point plateau and it may spin its wheel on Monday.
The South Korea stock market has moved lower in two straight sessions, sinking more than 25 points or 1 percent along the way. The KOSPI now rests just shy of the 2,655-point plateau and it may remain stuck in neutral on Thursday.
Korea’s implementation of the OECD s global minimum corporate tax initiative, the first of its kind in the world, has become an additional financial burden on companies that have invested in the U.S. and Southeast Asia when seeking tax benefits, according to industry officials, Wednesday.