archiveSouth Korean shares

EM stocks up 0.1%, FX flat India stocks outperform on proposed tax cuts Romanian stocks fall on austerity worries S.Korea shares fall on US tariff plan reports Aug 18 (Reuters) - Most emerging market currencies were steady on Monday, as markets awaited developments from Ukraine talks in Washington, while Indian stocks sprinted ahead on government proposals for a major tax overhaul. Romanian equities underperformed with a 1.5% drop, on track for their biggest fall in over a month, as investors fretted about impending austerity measures to cut the country's hefty...

BENGALURU: Most Asian equities advanced on Monday after China unveiled fresh measures to boost domestic consumption, although regional investors remained cautious amid escalating global trade tensions. South Korean shares jumped 1.6% to their highest since February 27, while Malaysia’s benchmark climbed 1.1%, extending gains to a third straight session. Taiwan’s main index rose more than 1%. China on Sunday unveiled sweeping measures to boost domestic consumption, including income hikes and childcare subsidies, just days after financial regulators urged an easing of credit restrictions — moves analysts say could revitalise Southeast...