S. Korea to Take Stern Measures against U.S. Rate Hike Rout

SEJONG, Dec. 15 (Korea Bizwire) – South Korea will take firm and resolute action to stabilize the local financial markets to prevent any fallout from the latest U.S. rate hike, the government said Thursday.  Earlier in the day, the U.S. Federal Reserve raised its key interest rate by a quarter of a percentage point to [...]