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SINGAPORE: The dollar held near its strongest level in a year-and-a-half in subdued trading at the start of the Asian session on Thursday, after hawkish minutes from the Federal Open Market Committee (FOMC) signalled policymakers at the US central bank viewed inflation as the biggest risk to their outlook.
Seoul shares opened higher Thursday, led by gains in technology stocks despite inflation worries stoked by elevated oil prices.
Coca-Cola has a 28.5% profit margin and massive global brand recognition, while Monster owns a virtually debt-free balance sheet and 19.6% quarterly earnings growth.
[Economy] : South Korea has posted a current account surplus of 46-point-11 billion U.S. dollars in August — the second-largest to date — driven by a boom in semiconductor exports.
Samsung Electronics reported preliminary third-quarter earnings on Thursday, with operating profit forecast to top 100 trillion won for the first time.
