KOSPI soars

A screen in the dealing room of Hana Bank in Seoul shows the benchmark Korea Composite Stock Price Index (KOSPI) having risen 32.19 points, or 1.25 percent, to close at 2,601.36 on June 2, 2023. South Korean stocks closed at a one-year high, led by large-cap tech gains, on hopes the Federal Reserve will pause its aggressive monetary tightening and the United States' debt ceiling deal will pass. (Yonhap)

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