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Korea's Political Chaos Has Limited Economic Impact
10 mins
·
07:45, 6 Dec 2024
·
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Guest: Daniel Moss, Opinion Columnist, Bloomberg
Calls for impeachment are echoing across South Korea after President Yoon Suk Yeol’s failed attempt to declare martial law on Tuesday sparked political turmoil. In response, the Bank of Korea rushed to restore investor confidence amid the ‘Korean Discount’ and a fluctuating Won, quickly implementing emergency measures to stabilize the market. Will these actions be enough to attract investors and repair the country's reputation in the global market? Daniel Moss, Opinion Columnist at Bloomberg shares his perspective.
Image Credit: shutterstock.com
Presenter: Wong Shou Ning, Philip See
Producer: Adani Binti Mohamad Zaidi, Aimi Azreena
south korea
President Yoon Suk Yeol
impeachment
martial law
investor confidence
investment
korean won
stock market
bloomberg
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Korea's Political Chaos Has Limited Economic Impact
10 mins
·
07:45, 6 Dec 2024
Guest: Daniel Moss, Opinion Columnist, Bloomberg
Calls for impeachment are echoing across South Korea after President Yoon Suk Yeol’s failed attempt to declare martial law on Tuesday sparked political turmoil. In response, the Bank of Korea rushed to restore investor confidence amid the ‘Korean Discount’ and a fluctuating Won, quickly implementing emergency measures to stabilize the market. Will these actions be enough to attract investors and repair the country's reputation in the global market? Daniel Moss, Opinion Columnist at Bloomberg shares his perspective.
Image Credit: shutterstock.com
Presenter: Wong Shou Ning, Philip See
Producer: Adani Binti Mohamad Zaidi, Aimi Azreena
south korea
President Yoon Suk Yeol
impeachment
martial law
investor confidence
investment
korean won
stock market
bloomberg
Share:
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