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KB Financial Newsroom
South Korean President Yoon Impeached Over Martial Law Debacle
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South Korean President Yoon Survives Impeachment After Martial Law Debacle
Bull stocks of US stocks this week | Excellent stocks carnival! Chip maker marvell technology rose more than 22% during the week; Strong trend of AI application stocks, advertising company Applovin soared over 850% throughout the year.
This week, the dow jones industrial average has fallen by 0.32%, closing at 44,765.71 points; during the same period, the s&p 500 index has risen by 0.71%, closing at 6,075.11 points; the nasdaq index has increased by 2.51%, closing at 19,700.72 points.
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"South Korea's martial law storm" shocked the global, what impact does it have on investors? Read this article to understand.
①Global investors were impacted by the martial law turmoil in South Korea, as South Korean President Yoon Suk-yeol suddenly declared martial law, only to be forced to lift it later. ②Analysts believe that American investors are not greatly affected, but global investors need to pay attention to the potential impact of political turmoil in South Korea on the global supply chain and market confidence.
South Korea Is an Important Test for Advanced Economies - UBS
Impeaching the president caused a huge shock in the south korea stock market! The south korea central bank and ministry of finance are intervening in the market.
The political turmoil in South Korea is having a significant negative impact on the capital markets, with financial regulatory authorities in South Korea speaking out one after another, hoping to stabilize the financial market.
South Korea's Kospi Falls 1.4% as Political Instability Unnerves Traders -- Market Talk
South Korea experienced a frightening night! Regulators once showed a policy of "unlimited liquidity" financial support, and the stock market opened normally on Wednesday.
The Central Bank of south korea's Financial Monetary Committee will hold a meeting on the morning of the 4th to discuss the circumstances related to the state of emergency and measures for market stability.
The President of south korea announced "emergency martial law" late at night! What happened?
The divisions between the ruling and opposition parties are severe, and the political situation in south korea is rapidly deteriorating, with entrances and exits of the National Assembly closed.
Express News | The stock prices of South Korean companies listed in the US have declined, with Posco falling over 6%, KT Corp dropping over 2%, and KB Financial decreasing by more than 1%.
Express News | Coupang Down 5.4%, Posco Holdings Down 5.9%, KT Corp Down 3%, KB Financial Down 2.6%
South Korea announced a "state of emergency" late at night! South Korea's etf, exchange rates plummeted, gold rose, and the South Korean currency circle collectively plunged.
According to CCTV News, on December 3 local time, the defense minister of south korea summoned a meeting of major commanders nationwide.
Express News | U.S.-Listed Shares of Coupang, KB Financial, Posco Holdings Down 2.6%-8.5% Premarket After South Korea President Declares Martial Law
KB Financial Group Boosts Shareholder Value With Buyback