Lee’s AI-fueled Kospi boom masks reform evasion

Lee’s AI-fueled Kospi boom masks reform evasion

By one metric, Lee Jae Myung’s eight months as South Korean president have been a smashing success, with the stock market more than doubling on his watch. Before Lee’s election in June, he ran on a Kospi 5,000 platform that struck many as fanciful. At that time, the benchmark was below 2,500. Lee pledged to raise the […] The post Lee’s AI-fueled Kospi boom masks reform evasion appeared first on Asia Times.

South Korea’s Chaebols Continue Dominance Lee Jae Myung Struggles to Implement Long-Promised Economic Reforms

South Korea’s President Lee Jae Myung has presided over a historic surge in the country’s stock market, with the Kospi index more than doubling since his inauguration. This meteoric rise, however, belies the complex structural challenges that remain unresolved within… The post South Korea’s Chaebols Continue Dominance Lee Jae Myung Struggles to Implement Long-Promised Economic Reforms appeared first on The Asia Live.