Seoul shares drop on China rate worries, POSCO hit


(Updates to close) By Rafael Nam SEOUL, April 28 (Reuters) - Seoul shares posted their biggest fall in eight weeks on Friday, led by firms reliant on China such as steel maker POSCO, after Beijing raised interest rates, creating worries about slowing demand in South Korea's top export market. Concerns that the won would continue to strengthen also kept exporters on edge, as the local currency may be hit on two sides: speculation that China will let the yuan appreciate after raising ...

Premium Content (PAID Subscription Required)

"Seoul shares drop on China rate worries, 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.


Follow Us

Sponsored Introduction Continue on to (or wait seconds) ×