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KOSPI on course toward mild corrections in August

KOSPI on course toward mild corrections in August
koreatimes.co.kr - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from koreatimes.co.kr Daily Mail and Mail on Sunday newspapers.

Kim Tae-joon-IV (김태준)

Kim Tae-joon-IV (김태준)
hancinema.net - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hancinema.net Daily Mail and Mail on Sunday newspapers.

[ANALYSIS] Spike in inflation will have limited impact on stocks

[Analysis] Spike in inflation will have limited impact on stocks Posted : 2021-02-27 09:31 Updated : 2021-02-28 19:44 An unnamed foreign currency dealer in Hana Bank scratches his head, while the closing quotes of the KOSPI and won-dollar rate can be seen behind him, on Friday. The KOSPI lost 2.8 percent to close at 3,012.95 points, as investors worries grew over post-COVID-19 inflation. The local currency closed at 1,123.6 won against the U.S. dollar, down 15.7 won from the previous session s close. Yonhap BOK plans to purchase 5 to 7 trillion won worth of government bonds by June By Kim Yoo-chul The South Korean stock market is feeling some pressure because Wall Street investors were apparently focusing more on the effects of a spike in the 10-year Treasury bond yield. But market analysts say rising yields and fears of inflation are signs of economic growth.

Rapper Defconn denies rumors about juvenile criminal record

Rapper Defconn denies rumors about juvenile criminal record Posted : 2021-02-02 15:49 By Lee Gyu-lee Rapper and TV personality Defconn, whose real name is Kim Dae-jun, dismissed rumors that he has a juvenile criminal record. We ve confirmed that there have recently been online postings about Defconn, including malicious attacks, hateful comments and false accusations, Defconn s agency SM C&C said in a statement Tuesday. The postings about serving time in a juvenile detention center are groundless and he has never been exempt from mandatory military service. The rumors surfaced over the weekend after he appeared Saturday on an episode of MBC s variety show Hangout with Yoo. In the episode, the show s host Yoo Jae-suk started a new segment in which he played a detective along with Defconn and singer Kim Jong-min.

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