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Home » Archives for June 21, 2024 » Page 10

June 21, 2024

S. Korea remains on MSCI Emerging Market list on short-selling ban

June 21, 2024

South Korea remained on an emerging market list Friday by global index provider Morgan Stanley Capital International (MSCI) as the country reimposed a ban on stock short-selling.

South Korea has undertaken a series of market reform measures to recei…

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Putin warns S. Korea’s potential arms supply to Ukraine would be ‘very big mistake’

June 21, 2024

Russian President Vladimir Putin has warned it would be a “very big mistake” if South Korea provides lethal weapons to Ukraine after Seoul suggested such a possibility in response to Russia’s commitment to military cooperation with North Korea.

The …

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(LEAD) Seoul shares snap 3-day rise on profit taking

June 21, 2024

Seoul shares closed lower Friday on profit taking after a three-session winning streak. The Korean won fell against the U.S. dollar.

The benchmark Korea Composite Stock Price Index (KOSPI) fell 23.37 points, or 0.83 percent, to close at 2,784.26. Th…

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(LEAD) S. Korea excluded from U.S. ‘monitoring list’ for FX policy for 2nd straight time

June 21, 2024

The United States took South Korea off its list of countries to monitor for their foreign exchange policies for the second consecutive time while adding Japan to the list, a Treasury Department report showed Thursday.

The department released the sem…

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U.S. says it will welcome ‘any support’ for Ukraine amid S. Korea’s move to reconsider policy

June 21, 2024

The United States would welcome “any support” for Ukraine in the protracted war with Russia, a State Department spokesperson said Thursday, after South Korea said it will reconsider its policy against lethal arms support to Ukraine.

Seoul’s National…

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