As South Korea’s presidential race heats up, stocks loosely tied to potential candidates are seeing dramatic price swings — often fueled by speculation rather than substance. Sangji Construction, listed on the KOSDAQ, surged 712% between Feb. 2 and Feb. 15, rising from 3,165 won ($2.22) to 18,000 won ($12.64). The …
adminjagoan Tokyo stocks open slightly lower after Wall Street losses
Tokyo stocks opened slightly lower Wednesday, tracking declines on Wall Street overnight, with caution prevailing ahead of Japan-U.S. tariff negotiations. In the first 15 minutes of trading, the 225-issue Nikkei Stock Average fell 104.25 points, or 0.30 percent, from Tuesday to 34,163.29. The broader Topix index was down 0.03 point …
Morocco’s Treasury Injects MAD 600 Million in Surplus Cash via One-Day Repo
Morocco’s Treasury and External Finance Directorate (DTFE) placed MAD 600 million ($60 million) in surplus cash through a one-day reverse repurchase agreement on Tuesday. The operation was executed at a weighted average rate of 1.8%, reflecting short-term liquidity management by the Treasury. The DTFE regularly conducts repo operations to manage …