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Won thrashed by ongoing geopolitical risks

The value of the Korean won remains below the psychological threshold of 1,300 won per U.S. dollar throughout this month, defying market expectation that the local currency will strengthen against the greenback and will be traded in the mid-1,200 level in average in 2024. ....

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'Politically-motivated' ban on short selling darkens foreign investment prospects

Korean stocks ended more than 2.3 percent lower Tuesday as investors took profit following the previous session s sharpest-ever daily gains prompted by the country s reimposing of . ....

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Shares slide 2.3% after record gains over short selling ban

A sudden ban on short-selling in Korea is fueling dispute that such a measure, widely perceived as politically motivated, will hinder the country’s effort to attract foreign invest. ....

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Seoul shares slide 2.3% after record gains over short selling ban

South Korean stocks ended more than 2.3 percent lower Tuesday as investors took profit following the previous session's sharpest-ever daily gains prompted by the country's reimposing of a ban on stock short selling. The local currency sharply fell against the greenback. The benchmark Korea Composite Stock Price Index sank 58.41 points, or 2.33 percent, to close at 2,433.96, bringing its four-session winning. ....

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Fed's less-hawkish-than-expected tone to ease volatility in financial market: analysts

Fed s less-hawkish-than-expected tone to ease volatility in financial market: analysts ....

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