South Korean shares fell sharply on Monday as hawkish comments from Fed Chair Kevin Warsh raised expectations of a possible US rate hike as early as next month. The KOSPI dropped 2.46%, dragged by losses in heavyweight technology stocks, while foreign investors remained net sellers.
South Korean shares fell sharply on Monday as hawkish comments from Fed Chair Kevin Warsh raised expectations of a possible US rate hike as early as next month. The KOSPI dropped 2.46%, dragged by losses in heavyweight technology stocks, while foreign investors remained net sellers.
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