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Korean Market CRASHES — $270B Wiped Out in a Single Shock
KOSPI crashed down when it opened following a holiday break. The index declined by more than 7 percent. It later regained a little and nevertheless shut down almost 5%. It is the largest one-day decrease since the 2024 carry trade crisis of the yen. Consequently, almost ₩390 trillion of the market values disappeared within hours […]
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