🌟 [ 28 ]   South Korea hits banks with record fines for short-selling | World Business Watch [ @WION ]

South Korea has imposed record fines totaling $20.3 million on two global investment banks and a local unit for engaging in illicit trading practices, specifically naked short-selling. This speculative practice involves selling shares without obtaining a loan or ensuring the availability of borrowed shares, with the aim of profiting from an anticipated drop in the asset s price. #SouthKorea #Fines #banks About Channel: WION The World is One News examines global issues with in-depth analysis. We provide much more than the news of the day. Our aim is to empower people to explore their world. With our Global headquarters in New Delhi, we bring you news on the hour, by the hour. We deliver information that is not biased. We are journalists who are neutral to the core and non-partisan when it comes to world politics. People are tired of biased reportage and we stand for a globalized united world. So for us, the World is truly One. Please keep discussions on this channel clean and respectful and refrain from using racist or sexist slurs and personal insults. Subscribe to our channel at [ 🔗 Click ‼️ ] Check out our website: [ 🔗 Click ‼️ ] Join our WhatsApp Channel: [ 🔗 Click ‼️ ] Connect with us on our social media handles: Facebook: [ 🔗 Click ‼️ ] Twitter: [ 🔗 Click ‼️ ] Follow us on Google News for the latest updates Zee News:- [ 🔗 Click ‼️ ] Zee Business:- [ 🔗 Click ‼️ ] DNA India:- [ 🔗 Click ‼️ ] WION: [ 🔗 Click ‼️ ] Zee News Apps: [ 🔗 Click ‼️ ]

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