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Tag: Kospi stock Index

South Korea Won Rebounds From Near 11-Year Low as Stocks Rally

By Kim Kyoungwha
Feb. 25 (Bloomberg) — South Korea’s won rebounded, after yesterday trading near an 11-year low, as stock market gains helped revive investor demand for riskier assets.

Asian Currencies Fall, Led by Won, as Economic Concerns Mount

By Kim Kyoungwha and Clarissa Batino
Dec. 23 (Bloomberg) — Asian currencies weakened, led by South Korea’s won, on concern a deepening global recession will hurt regional exports and prompt international investors to shun emerging-market assets.
Most Asian currencies fell as Taiwan reported a record slide in export orders for November and economists forecast a U.S. government [...]

Asian Currencies Rise, Led by Won, Ringgit, on Spending Plans

By Kim Kyoungwha
Dec. 9 (Bloomberg) — Asian currencies gained, paced by South Korea’s won and Malaysia’s ringgit, as economic stimulus plans encouraged overseas investors to buy the region’s assets.