Country: KR | Published: 2026-09-18
Seoul stocks edged higher alongside a broader Asian rally as oil slipped, though the won remains under pressure near the 1,400 per dollar level, with some desks flagging value at t
Seoul stocks edged higher alongside a broader Asian rally as oil slipped, though the won remains under pressure near the 1,400 per dollar level, with some desks flagging value at those currency levels. The Bank of Japan's rate hike to a multi-decade high keeps regional rate dynamics in play, while the government extended fuel-tax cuts through end-November to cushion household costs. Geopolitical friction persists, with North Korea threatening a stronger response to US-led drills, and US investment talks stalling over commercial viability questions.