[태그:] financial news
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🇰🇷 Financial Supervisory Service (FSS) Chief Urges Asset Managers to Prioritize Trust Over Short-Term Gains
Lee Bok-hyun, the head of South Korea’s Financial Supervisory Service (FSS), has called on asset management companies to prioritize trust and long-term value over immediate profits. During a meeting with asset management CEOs, Lee emphasized that the asset management industry is a critical infrastructure for supporting the growth of innovative companies and securing the financial…
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KOSPI Soars 5% on Trump’s Tariff Waiver Announcement 🚀
The KOSPI (Korea Composite Stock Price Index) experienced a significant surge today, jumping by approximately 5% following U.S. President Donald Trump’s announcement of a 90-day mutual tariff waiver for all countries except China. This news has injected considerable optimism into the South Korean stock market. Market Overview At the start of trading, the KOSPI triggered…
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KOSPI Plunges Below 2300 📉: A 17-Month Low!
The KOSPI (Korea Composite Stock Price Index) experienced a significant drop today, briefly falling below the 2300 mark during trading. As of 1:33 PM KST, the KOSPI is trading at 2292.21, a decrease of 42.02 points (1.80%) from the previous trading day. Earlier in the session, the index hit a low of 2289.07, representing a…
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Nasdaq Plunges Amidst Tariff Uncertainty: A Rollercoaster for Investors 🎢
Key Points: Nasdaq experiences intraday swings, briefly rising 4.6% before sharply declining. S&P 500 closes below 5,000 for the first time in a year, nearing bear market territory. Uncertainty over tariffs imposed by the U.S. administration drives market volatility. Market Turmoil Amid Tariff Jitters 😨 New York stocks faced a turbulent day as tariff uncertainties…