AccessMyLibrary provides FREE access to over 30 million articles from top publications available through your library.
Create a link to this page
Copy and paste this link tag into your Web page or blog:
SEOUL, Nov. 3 Asia Pulse - South Korean stocks opened sharply higher Monday on eased financial woes, continuing their rally following a recent currency swap deal with the United States, analysts said.
The benchmark Korea Composite Stock Price Index (KOSPI) jumped 25.95 points, or 2.33 per cent, to 1,139.01 in the first 15 minutes of trading.
On Thursday, the Bank of Korea, the nation's central bank, announced that it had reached an agreement with the Federal Reserve of the U.S. on a US$30 billion currency swap aimed at thawing the frozen ...
Source: HighBeam Research, STOCKS - SEOUL SHARES JUMP ON EASED FINANCIAL WOES - NOV 3, 2008.