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State of the economy

EDITORIAL: The September Update and Outlook has been uploaded by the Finance Division on its website and presents a mixed bag of achievements and failures – achievements linked to the implementation of the International Monetary Fund (IMF) conditions under the ongoing Extended Fund Facility programme and failures associated largely with…

Seoul stocks open lower despite US gains

Korean stocks opened mildly lower Friday, despite overnight gains on Wall Street. After opening 0.47 percent lower, the benchmark Korea Composite Stock Price Index (KOSPI) fell 10.17 points, or 0.15 percent, to 6,961.18 as of 9:15 a.m. Overnight, U.S.

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