How South Korea’s whirlwind stint of martial law jolted markets
The iShares MSCI South Korea exchange-traded fund sank as much as 7.1 per cent in US trading, while London-listed shares of Samsung Electronics lost as much as 7.5 per cent. The onshore Korean won weakened as much as 2.9 per cent to 1444.65 per dollar, leading losses among currency markets amid thin trading during the New York session.