South Korean Shares Decline as Political Turmoil Rises With Acting President's Possible Impeachment

MT NewswiresDec 27 16:32

The title of "a country of speculating on coins" is well-deserved! The central bank of South Korea: more than 30% of South Koreans Hold Cryptos.

① The number of "crypto traders" in South Korea has surged, with over 15.59 million cryptocurrency investors in November, accounting for more than 30% of the total population; ② The reason behind this may be the sharp rise in Bitcoin prices and optimistic market sentiment after Trump won the USA election; ③ The total cryptocurrency holdings and daily trading volume of the South Korean public have significantly increased, with trading volume now approaching stock market levels.

cls.cnDec 27 10:48

South Korea's Inflation Likely to Stay Below 2% for Fourth Straight Month -- Market Talk

WSJDec 27 10:16

South Korea's Business Sentiment Declines in December, Outlook Weakens

MT NewswiresDec 27 09:00

The acting president has also been impeached! The political scene in South Korea is in chaos, and the won once hit a new low not seen in over 15 years.

After Prime Minister Han Duck-soo, who is acting in the capacity of the President, refused to approve the nomination of a constitutional court judge, South Korea's largest opposition party, the Democratic Party, has submitted a motion to impeach Han Duck-soo.

Zhitong FinanceDec 26 20:15

South Korean Shares Decline on Overseas Sell-Off, Lackluster Domestic Econ Data

MT NewswiresDec 26 16:21