6.14.2013
published June 13, 2013
by The Korean Times
The Korean Times
South Korean stocks fell 1.42 percent, as foreign investors offloaded local share, because they were worried if U.S. Federal Reserve may reduce its quantitative easing. As KOSPI drops, many Korean companies fall, too. But not only Korea, all Asia is in trouble now because they were also worried about U.S. Federal Reserve may reduce its quantitative easing.
I honestly don't understand why people are so depending on U.S. Federal Reserve's quantitative easing. However, I think it is very powerful and important because every Asia nations are affected by that. I hope everybody would be okay.
I understand U.S. is the powerful and influential country, but at the same time, I also wonder why lots of countries are too dependent on U.S.
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