South Korean Opposition Leader Lee Attacked During Meeting With Reporters In Busan; President Yoon Has Ordered A Swift Investigation Into The Attack On Lee And Pledged Full Support For His Treatment, According To Yoon's Office
Portfolio Pulse from Benzinga Newsdesk
South Korean opposition leader Lee was attacked during a meeting with reporters in Busan. President Yoon has ordered a swift investigation and pledged full support for Lee's treatment, as per Yoon's office.
January 02, 2024 | 3:10 am
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The attack on South Korean opposition leader Lee and the subsequent investigation may create political uncertainty, potentially affecting the South Korean market and assets like EWY.
Political events can lead to market volatility. The attack on a political figure could cause concerns among investors about political stability, which may negatively affect the performance of the South Korean market and ETFs like EWY that track it. However, the swift response from President Yoon might mitigate some concerns.
CONFIDENCE 75
IMPORTANCE 60
RELEVANCE 70