In the red

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In the red

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An employee at Hana Bank in Myeong-dong, central Seoul, on Friday watches a monitor displaying the status of the novel coronavirus in China, Korea and Japan. The financial market was spooked by a surge in the number of people that were infected by the new coronavirus. The Kospi lost 32.66 points, or 1.49 percent, and the Korean won depreciated to 1,209.2 won against the dollar, the lowest since Sept. 3, 2019. Gold prices rose as investors flocked to safer assets. [YONHAP]
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