Seoul shares drop 2 pc amid fed’s slower easing signal, Micron’s overnight slump
Seoul: Seoul shares tumbled nearly 2 per cent on Thursday as risk appetite weakened after the U.S. Federal Reserve hinted at a slower monetary easing cycle next year and U.S. tech giant Micron Technology’s sharp losses overnight. The benchmark Korea Composite Stock Price Index (KOSPI) plummeted 48.5 points, or 1.95 percent, to close at 2,435.93. … Read more