Sinking feeling
A signboard at the Korea Exchange Bank in Myeong-dong, central Seoul, on Monday shows the market closing far below the 2,000 mark. The market tumbled just 10 minutes after opening as foreign investors offloaded stakes on concerns that the U.S. Fed might be raising its near-zero interest rate after Friday’s report from the U.S. government showed a good employment situation. [NEWSIS]
with the Korea JoongAng Daily
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