South Korea curbs may not save investors slaughtered by $2 trillion rout
South Korea's efforts to rein in the leveraged products wreaking havoc in its financial markets may not go far enough to quell skyrocketing volatility, analysts say, as pain and public anger mount over a $2 trillion-and-counting stocks wipeout.
As the hottest trade in the world has hit reverse, with the country's stock market down about 40% in a month, it is local investors — young people, pensioners and mums and dads — who borrowed money and piled in late who are hurting most of all.
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