South Korea’s FSS Warns of Outflows from Local Stocks on New Tax

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South Korea’s top financial watchdog warned that retail investors might flee the local stock market if a capital-gains tax is introduced as planned next year.

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Bank of America Warns of ‘Super-Aging’ South Korea Losing MojoSouth Korea’s average economic growth rate will fall below 2% in the 2030s as aging demographics sap the nation’s vitality and strengthens headwinds for the economy, according to Bank of America projections.
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