South Korea Foreign Minister says South Korea is not intentionally delaying US investment
The South Korean Foreign Minister's statement is an attempt to quell any potential tensions regarding US investments in the country.
[MARKET UPDATE] Asia-Pac stocks begin lower as the global market rout persists following the continued tech woes and weak US labour market data
Australia sells AUD 800mln 1.00% December 2030 bonds, b/c 4.14, avg. yield 4.3641%
South Korea Foreign Minister says South Korea is not intentionally delaying US investment
Japanese Foreign Exchange Reserves (Jan) 1.39T (Prev. 1.37T)
PRE-MARKET JAPANESE AND SOUTH KOREAN STOCKS NEWS: Kanadevia (7004 JT) and Nippon Steel (5401 JT) unit Nippon Steel Engineering announced the start of talks toward a merger
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By clarifying that there is no intentional delay, it aims to reassure investors about the stability of the investment climate, which is critical for both economic ties and broader geopolitical relations between the US and South Korea. Watch for market reactions in sectors sensitive to US-South Korea trade relations, particularly in technology and manufacturing.
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