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Korean shares plunge as hopes fade for early Fed rate cut

Shares plunged nearly 2.5 percent Wednesday on dampened hopes that the U.S. Federal Reserve will start cutting its rates soon, and over uncertainties on...
Business

K-pop stocks down as antitrust regulator launches probe into unfair practices

Shares of K-pop powerhouses are falling as Korea's antitrust agency launches an investigation into their gapjil, or abuse of power, over their subcontractors. As of...
Business

Messaging App ‘Line’ Skyrockets in IPO on First Day

Mobile messaging application Line soared in IPO on the first trading day in New York. Line is a Japan-based corporation owned by Korean Internet...

Asian markets tumble in 2016

The Asian market, as well as Seoul’s main bourse, was heavily shaken on the first trading day of 2016, raising concerns that the global...

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