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Finance & Markets

Turkey Arrests Ex-Takasbank CEO in Widening Fund Crackdown

Turkey arrested the former chief of Takasbank and other financial executives as police expanded their investigation into the market manipulation scandal, according to state-run Anadolu Agency.

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 Rebounds Past 5,370 on Foreign Buying

On Nov. 11, the domestic stock market started weak in the aftermath of inflation vigilance and concerns over interest rate hikes by the Federal Reserve highlighted in the US New York stock market…

  • KOSPI stock market rebounds past 5,370, closing at 5,375.36
  • Foreign investors aggressively buy large-cap semiconductor stocks
  • KOSDAQ index surges past 700, closing at 705.10

More from Wednesday 11 November →