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Analysis-Korea's wobbles over US trade talks awaken the won bears
Yahoo Finance· 2025-09-25 07:59
By Cynthia Kim, Yena Park and Jihoon Lee SEOUL (Reuters) -South Korea's trade talks with the Trump administration have become increasingly dogged by political doubts this week, spooking investors who now worry Seoul may end up with a raw deal or perhaps no deal at all. The Korean won broke through the psychologically important 1,400 to the dollar level on Thursday, seen by markets as authorities' line in the sand against bearish speculative bets and opening the way for further downside. The selling ga ...
Global Markets See Records Amid Policy Shifts and Economic Concerns
Stock Market News· 2025-09-21 22:38
Key TakeawaysU.S. stock markets, including the Dow, S&P 500, and Nasdaq, closed at fresh record highs on Friday, September 19, following the Federal Reserve's first interest rate cut of 2025, with futures remaining largely unchanged on Sunday.The UK is significantly altering its foreign aid strategy, reducing its aid budget to 0.3% of gross national income (GNI) by 2027 to prioritize defense spending and shifting towards an "advice instead of aid" model.South Korean President Lee Jae Myung has emphasized th ...