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Economic Volatility News - Latest Updates & Headlines

Seoul shares nosedive over 5.5 pc on panic selling sparked by Trump tariffs

Seoul, April 7: South Korean stocks nosedived more than 5.5 percent on Monday, extending their losing streak to a fourth consecutive day, as investors panicked over an escalating global trade war triggered by US reciprocal tariffs. The Korean won fell by the most since the COVID-19 pandemic against the U.S. dollar.