Market collapse exposes cost of policy misjudgments
Korea’s stock market has suffered a devastating reversal, plunging from record highs above 9,300 to the mid-5,000s in just four months. KOSPI's successive crashes, including a 7.57 percent plunge on Oct. 15, following a 5.46 percent decline on Oct. 13, have inflicted enormous losses on investors and shaken confidence in the market, despite a slight rebound on Oct. 16. However, as countless…
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