KOSPI plunges

An electronic signboard in the dealing room of Hana Bank in Seoul shows the benchmark Korea Composite Stock Price Index having dropped 23.60 points, or 0.91 percent, to close at 2,570.10 on June 23, 2023. South Korean stocks closed lower, dampened by the bigger-than-expected interest rate hike by the Bank of England and U.S. Federal Reserve Chairman Jerome Powell's hawkish remarks backing more rate hikes. (Yonhap)

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