Seoul stocks face fresh uncertainty as Democrats retake US Congress

Korea Times News ·
Economy Markets South Korea

Korean stocks face growing policy uncertainty after Democrats regained control of both the Senate and the House of Representatives in the U.S. midterm elections, according to market analysts, Wednesday. They say obstacles to extending corporate tax cuts and the prospect of stricter oversight of Big Tech and artificial intelligence (AI) could fuel volatility in Korea’s tech-heavy stock market.…

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