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The landslide victory of the main opposition Democratic Party of Korea (DPK) in Wednesdays' general elections is likely to dash many of the government's economic policy plans that require the National Assembly's approval for legislative revisions.
(Bloomberg) -- South Korean stocks declined after President Yoon Suk Yeol’s party suffered a significant loss in parliamentary elections, likely dealing a blow to his conservative capital market agenda.Most Read from BloombergUS Sees Imminent Missile Strike on Israel by Iran, ProxiesUS Slams Strikes on Russia Oil Refineries as Risk to Oil MarketsUS Inflation Refuses to Bend, Fanning Fears It Will StickChinese Cement Maker Halted After 99% Crash in 15 MinutesS&P 500 Hit by Fed-Pivot Rethink and W
A lower number of proposals were made by shareholders and added to the agenda during the general meetings of listed companies this year, research released Monday showed.
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Major financial groups' plans to offer voluntary compensations over Hong Kong-tied equity-linked securities (ELS) are expected to impact their performance in the first quarter of this year, according to industry sources.