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Finance & Markets

Cosco Profit Jumps Most in Two Years as Turmoil Supports Rates

Cosco Shipping Holdings Co. earnings jumped the most in two years as persistent geopolitical disruptions rerouted trade routes, tying up more of its vessels for longer while container rates surged.

We haven't written up this one. Bloomberg has the full story — the link below goes straight to it.

Read the original at bloomberg.com →

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[Closing Market] KOSPI Loses 6,000 After Brief Rally

On Thursday, Oct. 29, the domestic financial market closed in a somewhat heavy atmosphere as selling pressure emerged in the afternoon session, contrary to the expectations seen in early trading.On…

  • KOSPI index drops 6,000 points after brief rally
  • Index rises above 6,000 intraday before falling
  • KOSPI closes at 5,937.66, down 1.24%

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