TOKYO -- South Korean stocks fell sharply on Friday, recording their biggest percentage decline in four months due to investor concerns about the downsides of the country's trade deal with the U.S. and disappointment over a domestic tax reform plan.
Equities
South Korean stocks dive nearly 4% following US trade deal
Tax overhaul plan also threatens end of stock market honeymoon
South Korean stocks have been trading at high levels, fueled by optimism toward new President Lee Jae Myung’s promises of stock market reforms. © Reuters
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