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Stocks soar from ‘Korea discount’ to ‘Korea premium’ under leftist president

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Stocks soar from ‘Korea discount’ to ‘Korea premium’ under leftist president

SEOUL, South Korea — His opponents brand him a populist, a hardcore leftist and even a North Korean sympathizer, but liberal South Korean President Lee Jae-myung has launched his country's stock market into the stratosphere. Given that the nation's key stock index was undervalued for decades under the "Korea discount," the change is staggering. On June 5, 2025, the day…

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