South Korea Stocks Slide as President Yoon's Failed Martial Law Bid Stokes Turmoil
A person watches a TV screen broadcasting a news report on South Korean President Yoon Suk Yeol's declaration of martial law and the following announcement that he will lift the martial law, after parliamentary vote, at a railway station in Seoul, South Korea, December 4, 2024. REUTERS/Kim Soo-hyeon
South Korea's Won, Stocks Fall After President Yoon Declares Martial Law
South Korean stocks and exchange-traded funds listed in New York fell, while the won tumbled, after South Korea’s president declared martial law. The won sank more than 1% against the dollar The iShares MSCI South Korea ETF dropped about 2.
South Korea’s Kospi closed 1.4% lower to 2,464.00. Shares of Samsung Electronics, the country's biggest company, fell 0.9%.
South Korean stocks overall face new political risks after the aborted declaration of martial law. But the West needs to get ...
Global shares were mixed and the euro was steady on Wednesday as markets digested political turmoil in South Korea, where ...
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