
Jaehyun Eom
Reporter at Bloomberg News
@Business reporter in Seoul. Writing, blogging and ranting about markets. Opinion is mine and retweet is not the endorsement. Contact: [email protected]
Articles
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2 days ago |
bloomberg.com | Jaehyun Eom
Lee Jae-myung(Bloomberg) -- South Korean bonds are facing tougher times ahead, as concerns grow that the country’s left-leaning new president will usher in an era of fiscal expansion accompanied by rising government debt. The yield on the 10-year sovereign paper jumped more than 10 basis points to 2.90% on Wednesday, after Lee Jae-myung’s election win ended months of political turmoil. It dropped about four basis points in early Thursday trading.
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3 days ago |
bloomberg.com | Youkyung Lee |Jaehyun Eom
(Bloomberg) -- South Korea’s equity benchmark climbed to enter a bull market, after Lee Jae-myung’s widely-expected win in the presidential election ended a months-long political leadership vacuum. The Kospi Index ended 2.7% higher on Wednesday, taking its gain from the April low to more than 20% as investors piled into potential beneficiaries of Lee’s reform and growth agenda.
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4 days ago |
news.bloomberglaw.com | Kelsey Butler |Jaehyun Eom
Emerging market stocks dropped as US-China trade tensions once again bubbled to the surface, while dollar weakness fueled a surge in developing-nation currencies. TheMSCI Emerging Markets Equity Index slid as much as 1.2% before closing the day down 0.3% at its lowest level in three weeks. Samsung Fire & Marine Insurance Co. and Hyundai Mobis Co. Ltd. led the losses. US President Donald Trump and Chinese President Xi Jinping are likely to speak this week amid strains between Washington and Beijing.
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4 days ago |
news.bloomberglaw.com | Jaehyun Eom
Emerging market stocks retreated as trade tension between US and China remain elevated, with both sides accusing each other of breaching the consensus reached in Geneva last month. The MSCI Emerging Markets Index declined as much as 1.2% on Monday, with Taiwan Semiconductor Manufacturing Co. and Tencent Holdings Ltd. among the biggest contributors to the drop. MSCI’s gauge of EM FX, a total return index that includes interest earned on those currencies, was little changed.
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5 days ago |
financialpost.com | Youkyung Lee |Jaehyun Eom
Advertisement 1South Korea’s presidential vote is putting the spotlight on energy, brokerage and domestic-focused shares in the country’s outperforming $1.8 trillion equity market. Article content(Bloomberg) — South Korea’s presidential vote is putting the spotlight on energy, brokerage and domestic-focused shares in the country’s outperforming $1.8 trillion equity market. Sign In or Create an AccountArticle contentWe apologize, but this video has failed to load.
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RT @business: South Korea’s foreign exchange reserves reached a five-year low to $404.67 billion at the end of April https://t.co/Y2WsGhvjgk

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