Korean stock market may be better off without Seoul's help
Article Abstract:
Some analysts believe that the South Korean government should cease its efforts to prop up the Korea Stock Exchange. They state that Seoul's market-boosting strategies, which include regulatory changes and political pressure, have enjoyed some measure of success but they stress that the market would probably perform better if it is simply left alone. They believe that such artificial measures only serve to undermine investor confidence.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 1996
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Korea acts to bolster stocks, curb inflation as deficit concerns mount
Article Abstract:
The South Korean government has implemented a series of measures to boost the stock market and restrain inflation as current-account deficit concerns grow. The government also plans to ease restrictions on overseas borrowing by Korean companies. Analysts predict that the measures may dampen inflation but will not have a significant short-term effect on the deficit or the stock market because of the gloomy outlook on the economy.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 1996
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To aid its economy, Seoul acts to discourage imports
Article Abstract:
South Korea's call for its people to limit consumption of luxury goods to improve the economy has badly affected imports of consumer goods. However, government officials remark the drive is not aimed at imports, even as foreign products are more often than not more highly-priced than South Korean goods. The frugality drive resulted in decreased sales of imports extending from cars to cigarettes.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 1997
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