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KOSPI closes above 4,500 for first time

South Korea’s benchmark KOSPI index closed above the 4,500 mark for the first time on record on Tuesday, extending gains led by heavyweight stocks.According to the Korea Exchange, the KOSPI finished the session up 1.52 percent at 4,525.48, after moving between an intraday low of 4,395.00 and a high of 4,525.48.All of the top 10 stocks by market capitalizatio..

BOK unexpectedly cuts key rate to 3%
AsiaToday reporter Lee Choong-jae The Bank of Korea (BOK) lowered its benchmark interest rate by 25 basis points to 3.0% on Thursday, surprising the m..

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