[SEOUL] South Korean shares closed lower on Friday, as surging infections of the novel coronavirus in the United States sapped risk appetite and fuelled fears of more restrictions. The Korean won weakened and the benchmark bond yield fell. Read more at The Business Times.
South Korean shares closed lower on Friday, as surging infections of the novel coronavirus in the United States sapped risk appetite and fuelled fears of more restrictions. The Korean won weakened and the benchmark bond yield fell.[SEOUL] South Korean shares closed lower on Friday, as surging infections of the novel coronavirus in the United States sapped risk appetite and fuelled fears of more restrictions. The Korean won weakened and the benchmark bond yield fell.
The Kospi closed down 17.65 points or 0.81 per cent to 2,150.25. For the week, the index fell 0.1 per cent. A record surge in daily cases of Covid-19 and rising death toll in several US states dimmed hopes of a quick economic recovery, while the South Korean tally rose to 13,338 after 45 fresh infections were reported.
South Korea also said it will further tighten property market rules and impose heavier taxes on multiple homeowners as more than 20 rounds of cooling measures introduced in the past three years failed to calm runaway home prices.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Seoul: Shares end lower as surging virus cases hit risk appetite[SEOUL] South Korean shares fell on Wednesday due to subdued risk appetite, as surging coronavirus cases in the United States and around the world dented hopes of a quicker global economic recovery. The won gained, while the benchmark bond yield fell. Read more at The Business Times.
Read more »
Seoul mayor found dead after '#MeToo allegations'Seoul's outspoken mayor Park Won-soon, long seen as a potential South Korean presidential candidate, was found dead Friday, police said. A former Seoul City employee filed a police complaint -- allegedly involving sexual harassment -- against him on Wednesday. Park's body was found on a mountain
Read more »
Police say missing Seoul mayor found dead: ReportSEOUL: Missing Seoul mayor Park Won-soon - long seen as a potential South Korean presidential candidate - has been found dead, Yonhap news agency ...
Read more »
Seoul mayor missing after '#MeToo allegations'SEOUL: South Korean police said on Thursday (Jul 9) they are searching for the mayor of Seoul, Park Won-soon, after his daughter reported him missing.
Read more »
Seoul mayor reported missing, police searchingSEOUL (REUTERS) - South Korean police said on Thursday (July 9) they are searching for the mayor of Seoul, Mr Park Won-soon, after his daughter reported him missing.. Read more at straitstimes.com.
Read more »