Korea's central bank props up markets

Following another corporate accounting scandal, the Bank of Korea has intervened to in Korean money markets.

Source: BBC news

South Korea's central bank has pumped 2 trillion won ($1.6bn) into financial markets, in an attempt to combat jitters over North Korea and a multi-billion-dollar corporate scandal. Korean shares and the won have fallen sharply in recent days, as investors worried that more corporate malpractice could be uncovered after a $1.2bn accounting scandal at conglomerate SK Group

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