KOSPI gains

An electronic signboard in the dealing room of Hana Bank in Seoul on Dec. 12, 2023, shows the benchmark Korea Composite Stock Price Index having risen 9.91 points, or 0.39 percent, to close at 2,535.27. South Korean stocks closed higher amid the growing hope over a possible slowdown in U.S. inflation and the Federal Reserve's potential signal for rate cuts next year. (Yonhap)

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