Time now for an in-depth look at the market news on this Friday afternoon.
And for that, I'm joined on the line by Mr. Daniel Yoo, global strategist at Yuanta Securities.
Mr. Yoo, thank you for coming on today.
There are still concerns about second waves of the coronavirus in many countries, to be sure. But stocks on Wall Street were up on Thursday. The U.S. eased regulations on where and how banks can make investments. What's the story in the global markets?
Korean stocks higher today too, taking their cue from Wall Street. Tell us about the local markets.
Big news this week, with South Korea announcing taxes on investment gains across the board, but with an exception for amounts under 20 million won a year. This is set to start in 2023. What does this mean for investors, and what effect do you think it'll have on the market?