In his November 7, 2017, speech to South Korea’s National Assembly, then-President Donald Trump unambiguously noted that “this alliance between our nations was forged in the crucible of war and strengthened by the trials of history.

While the South Korean won racked up the biggest losses among Asian currencies in the final quarter of 2024, investors say part of that drop is due to a strong US dollar trend and global trade risks linked to US President-elect Donald Trump, rather than domestic politics.

South Korea's Hyundai Motor Group said on Thursday it planned to boost domestic investment by 19% to a record high of 24.3 trillion won ($16.65 billion) this year to secure future growth even as it grapples with economic and political uncertainties.

South Korea was spared a financial maelstrom even as it battles a political crisis, underscoring the extent to which its markets have matured, bolstered by swift efforts to reassure investors.Most Read from BloombergIs This Weird Dome the Future of Watching Sports?

The fund tracks the FTSE Emerging Markets All Cap China A Inclusion Index. The benchmark's construction starts with all stocks listed in over 20 emerging markets, excluding South Korea.