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South Korean shares start week higher as chip makers rise

SEOUL: Round-up of South Korean financial markets: South Korean shares rose on Monday, led by chipmaker heavyweights, after Wall Street’s record-setting rally eased worries about interest rate hikes. The benchmark KOSPI was up 49.97 points, or 0.80%, at 6,308.74 as of 0158 GMT, after seven consecutive weeks of declines. US stocks advanced on Friday, with the S&P closing at a record high to cap…

South Korean shares start week higher as chip makers rise

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