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Top News In Kospi Today - Breaking & Trending Today

Asian stocks muted, gold at new peak as markets weigh Fed cut timing

Gold rose to a fresh all-time peak after a mild reading for producer price inflation kept alive hopes for Fed easing this year, though U.S. Treasury yields stuck close to five-month highs in the wake of hotter-than-expected consumer price data mid-week that forced a paring back of rate cut bets. ....

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Seoul shares close lower ahead of holiday

Korean stocks closed lower Thursday as investors sat on the sidelines ahead of the holiday this week while keeping a watchful eye on U.S. inflation trends. The local currency gained against the U.S. dollar. ....

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Investor funds surge ahead of Corporate Value-up program announcement

Investors are amassing funds to jump into the local stock market ahead of the government s unveiling of the much-anticipated Corporate Value-up program, which is designed to tackle the decades-long Korea discount, according to the Korea Financial Investment Association, Sunday. ....

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Foreign buyers up, domestic sellers down in Korean stock market

The government s plan to adopt the Corporate Value-up Program, announced on Jan. 24 to bolster the stagnating stock market, is drawing contrasting reactions from foreign investors and domestic retail investors. While foreign investors are amassing shares, retail investors are shifting their investments abroad after obtaining profits from the domestic market. ....

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