South Korean Deputy Prime Minister and Minister of Economy and Finance Choo Kyung-ho takes part in a panel on the third day of the annual meeting of the International Monetary Fund and the World Bank, following last month's deadly earthquake, in Marrakech, Morocco, Oct 11, 2023.
The move, announced ahead of legislative elections in April, has a populist appeal among retail investors as the public sentiment over the practise of selling borrowed shares has generally been negative because it often triggered major price swings. "The move completely thwarted Korea's plans to convince MSCI that it deserves a spot in the developed market status. It came at an odd time too, as the market was recovering, not declining, and we're not in a middle of a crisis either," said Cho Jun-kee, an analyst at SK Securities.
Source: News Formal (newsformal.com)
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
US, South Korea, Japan to launch consultative group on North Korea's cyber threatsSEOUL — The US, South Korea and Japan have agreed to launch a high-level consultative group on countering North Korean cyber activities that they say finance its unlawful weapons programs, South Korea's presidential office said on Monday (Nov 6).
Source: asiaonecom - 🏆 10. / 59 Read more »
Unauthorised AI-generated music sparks copyright debates in South KoreaK-pop song 'Hype Boy' was 'sung' by 61-year-old South Korean rock singer Yim Jae-beom. Read more at straitstimes.com.
Source: The Straits Times - 🏆 8. / 63 Read more »
K-pop star G-Dragon questioned by South Korea police for alleged drug useThe singer and rapper denied any wrongdoing. "There is no truth to (the accusation of) illegal drug-related crime," he said.
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Philippines says Japan, South Korea, India offer to fund railway projectsMANILA: Japan, South Korea and India have offered to finance three Philippine railway projects worth nearly US$5 billion, the country's transport chief said on Monday (Nov 6), after Manila dropped China as a funding source last year.
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
K-pop star G-Dragon questioned by South Korea police for alleged drug useINCHEON, South Korea — The former frontman for the K-pop band BigBang, known as G-Dragon, appeared for police questioning on Monday (Nov 6) over allegations of illegal drug use, the latest in a string of South Korean artists embroiled in high-profile narcotics cases.
Source: asiaonecom - 🏆 10. / 59 Read more »
K-pop star G-Dragon questioned by South Korea police for alleged drug useThe singer and rapper denied any wrongdoing and said there is no truth to the allegations. Read more at straitstimes.com.
Source: The Straits Times - 🏆 8. / 63 Read more »