i hope to see a Korean among those who truly guarded public funds by identifying disastrous populist policies.
Finance Minister Choi Sang-mok said Wednesday that the government will devise measures to increase housing supply if needed amid growing volatility in the real estate market.
The head of Korea's financial regulator and the CEOs of domestic brokerages struck a cautious note regarding a planned capital gains tax on stocks in a meeting Wednesday.
The won-dollar exchange market trading hours will be extended to 2 a.m. starting July 1, allowing investors in overseas stocks to trade at market rates late into the night.
Stocks opened slightly higher Tuesday as investors picked up tech and auto shares following overnight gains on Wall Street.
Stocks opened higher Monday as investors scooped up financials, bios and other blue chips following last week's overall market decline amid eased tensions in the Middle East.
Stocks started sharply lower Friday amid expectations over a delay in U.S. interest rate cuts this year.
Finance Minister Choi Sang-mok stressed the need for Korea to cooperate with the United States and Japan in addressing market volatility.
Stocks started higher Wednesday as investors hunted for bargains following a sharp slide the previous day sparked by escalating tensions in the Middle East.
Stocks started sharply lower Tuesday tracking overnight losses on Wall Street amid the escalating tension between Israel and Iran.
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