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Won Slips to Two-Year Low on Dollar Weakness

The won-dollar exchange rate broke the yearly intraday low on Oct. 16, falling to its lowest level in about two years.It rose early in the session due to concerns over inflation in the United States…

  • Won-dollar exchange rate hits two-year low at 1331.4 won
  • Inflation concerns and Fed rate hike speculation rise
  • KOSPI stock market gains 2.05% amid dollar weakness

FSS Investigates Korea Investment Management Over SpaceX ETF

Controversy is brewing over an active exchange-traded fund (ETF) managed by Korea Investment Management. This comes as it was confirmed that there is a significant discrepancy between the ‘ETF basket…

  • FSS investigating Korea Investment Management over ETF allegations.
  • SpaceX stock weight at 38.05% in ACE US Space Tech ETF.
  • Korea Investment Management disputes discrepancy, cites stock price trends.

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