Seoul shares drop on China rate fears, POSCO hit


(Updates to midday) SEOUL, April 28 (Reuters) - Seoul shares fell more than 2 percent on Friday, led by firms sensitive to the Chinese economy, such as POSCO, after Beijing unexpectedly raised interest rates, creating worries that demand may slow in South Korea's top export market. Concerns that the won would appreciate also kept exporters on edge, as the local currency may be hit both by a stronger Chinese yuan and a weaker dollar. Hyundai Motor Co. , the country's biggest auto maker, ...

Premium Content (PAID Subscription Required)

"Seoul shares drop on China rate fears, POSCO hit" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:

  All of WardsAuto's reliable, in-depth industry reporting and analysis
  Hundreds of downloadable data tables including:
  •   Global sales and production data by country
  •   U.S. model-line inventory data
  •   Engine and equipment installation rates
  •   WardsAuto's North America Plant by Platform forecast
  •   Product Cycle chart
  •   Interrelationships among major OEMs
  •   Medium- and heavy-duty truck volumes
   •  Historical data and much more!

For pricing and subscription information please contact
Lisa Williamson by email: or phone: (248) 799-2642

Current subscribers, please login or CLICK for support information.

Already registered? here.

Jan 18, 2018

2018 Wards 10 Best Engines Editorial Roundtable Part 2

WardsAuto editors discuss some of the 22 nominees that did not make the cut in this year's Wards 10 Best Engines competition....More


Follow Us

Sponsored Introduction Continue on to (or wait seconds) ×