Financial Groups to Pump 95 tln Won to Ease Market Crunch

SEOUL, Nov. 1 (Korea Bizwire) – South Korea’s five large financial groups decided Tuesday to inject a large amount of liquidity into the financial market to help ease its recent volatility. The decision to pump 95 trillion won (US$66.5 billion) into the market by year-end came after the country’s top financial regulator met with the [...]