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South Korea’s equity benchmark climbed and is on track to enter a bull market, after Lee Jae-myung’s widely-expected win in the presidential election ended a months-long political leadership vacuum.
The White House said on Tuesday that South Korea's election, which saw liberal party candidate Lee Jae-myung win the presidency, was fair, but it expressed concern about Chinese interference. "ROK" refers to the Republic of Korea.
It will be a bitter contest, with insults hurled in both directions, dire warnings about the end of civilisation if the other guy wins, and a close result that the loser won’t accept as legitimate.
Prime Minister Mark Carney’s decision to delay Canada’s budget until later this year increases economic uncertainty but isn’t likely to spark worries among investors, say a majority of economists in a Bloomberg survey.
When then-President Yoon Suk Yeol's martial law decree plunged South Korea into chaos, it plummeted sales at Park Myung-Ja's diner in Jechon and became a turning point for many voters in the town.
Summer begins with Americans' economy ratings continuing to get a bit brighter than they were this winter — though still not good — with their outlook more mixed. But feelings of financial concern and stress are more prevalent than feelings of being secure.
South Korea woke on Wednesday to a new liberal president, Lee Jae-myung, who vowed to raise the country from the turmoil of a martial law crisis and revive an economy reeling from slowing growth and the threat of global protectionism.