Seoul shares slip on Fed rate outlook, persistent foreign selling

Newswire

* Yellen interest rate comments leave market wary * Foreign investors offload local stocks SEOUL, March 20 (Reuters) - Seoul shares nudged lower on Thursday morning after U.S. Federal Reserve Chair Janet Yellen suggested a rate hike might be implemented earlier than expected, prompting offshore investors to unwind risk. The Korea Composite Stock Price Index (Kospi) was down 0.7 percent at 1,924 points as of 0205 GMT after touching an intraday low ...

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