Urgent.News

What's breaking now, across thousands of outlets.

More in Finance & Markets

South Korea Delays Margin Liquidations Amid Market Slump

In preparation for the possibility that debt-driven retail investors could be driven into mass forced liquidation due to the recent plunge in the KOSPI, financial authorities have decided to exempt…

  • KOSPI market plummeted 13.6% since beginning of November, falling below 5,000 points on November 6.
  • Banks reduce collateral ratios to 130% post-measure, delaying forced liquidation burden.

More from Monday 9 November →