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08:33
Golden Ten Data Futures Exclusive Planning
Federal Reserve FOMC March Decision Preview: With the upcoming March decision, will the Federal Reserve stand pat or signal a shift? What should be the main focus in this Fed dot plot? Click to view the special report.
08:33
Golden Ten Data Futures Exclusive Planning
Federal Reserve FOMC March Decision Preview: With the Federal Reserve's March decision approaching, will it hold steady or signal a shift? What should be the main focus in this Fed dot plot? Click to view the special report.
08:25
South Korean President Lee Jae-myung emphasizes implementing capital market reforms amid crisis
格隆汇 March 18|According to Yonhap News Agency, South Korean President Lee Jae-myung stated on March 18 that the recent wars in the Middle East have caused repeated fluctuations in the South Korean stock market. The more we are in times of crisis, the more we should accomplish necessary reform tasks, which is the right way to embrace a new beginning. Lee Jae-myung made these remarks while presiding over a forum at the presidential residence Cheong Wa Dae, themed "Stabilization and Normalization of the Capital Market." He said that last year, the Korea Composite Stock Price Index (KOSPI) surged directly from around 2,500 points to above 6,000 points, which has caused unease. However, everything has two sides; the current crisis can be an opportunity to strengthen the fundamentals of the stock market. Lee Jae-myung also mentioned the issue of the "Korea Discount," listing its causes, including corporate governance and abuse of management rights, unfair practices such as stock price manipulation, geopolitical risks on the Korean Peninsula, and unpredictability of industrial policies. Regarding the geopolitical risks on the Korean Peninsula, Lee Jae-myung stated that this issue is overly exaggerated, and some politicians maliciously hype it, intensifying investors' anxiety.
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