South Korea's Koo: Incentives for Long-Term Stock Investors, Stable Exchange Rates
Update: 2025-11-19
Description
South Koreas finance minister, Koo Yun-cheol, unveiled plans to incentivize long-term stock investments, aiming to stabilize the market and promote sustained growth. He also addressed foreign exchange stability concerns, consulting with market participants to prevent excessive uncertainty. Koo met with exporters, highlighting a $350 billion investment package as part of a U.S. trade deal, and emphasized the governments use of taxpayer money for these investments. He plans to meet with the national pension fund, which seeks overseas investments. These initiatives reflect South Koreas commitment to supporting its stock market, maintaining foreign exchange stability, and urging corporate responsibility.
The Daily News Now! — Every city. Every story. AI-powered.
Hosted on Acast. See acast.com/privacy for more information.
Comments
In Channel
Download from Google Play
Download from App Store
United States00:00
00:00
x
