The aggregate value of the South Korean stock market has decreased by close to 100 trillion won (US$90 billion) since the beginning of this year amid the ongoing trade war between the United States and China and interest rate hikes by the Fed that have led to financial market instability in emerging
With unfavorable factors at home and abroad, such as pressure on trade under Trump's presidency, weak domestic demand and labor strike, Hyundai Motor Co. is stepping backwards on the stock market. The company’s market cap, which once ranked second, has lost about 9 trillion won (US$8.04 billion)