Pyongyang’s Nuclear Threats Rebuffed by South’s Jaded Investors

September 9, 2016 8:09 AM

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After North Korea’s second nuclear test this year spurred losses in stock and currency markets in Seoul, investors say the pullback will be temporary.

The Kospi index recorded its biggest drop since July 6 on Friday and the won weakened after Pyongyang’s regime confirmed the nuclear trial was successful. Fund managers including Lee Seung Jun at the $183 billion Samsung Asset Management see little risk of a prolonged selloff, pointing to four past ...

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