Seoul shares open lower tracking Wall Street slump

South Korean stocks opened sharply lower Friday, tracking overnight losses on Wall Street amid lowering hopes for the U.S. Federal Reserve’s early rate cuts.

The benchmark Korea Composite Stock Price Index shed 34.27 points, or 1.26 percent, to 2,68…

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Seoul shares open lower tracking Wall Street slump

South Korean stocks opened sharply lower Friday, tracking overnight losses on Wall Street amid lowering hopes for the U.S. Federal Reserve’s early rate cuts.

The benchmark Korea Composite Stock Price Index shed 34.27 points, or 1.26 percent, to 2,68…

Read More »