IMF Bailout Pushes South Korea's Stock Market to 10-Year Low From: The Washington Post | Date: November 25, 1997| Author: | Copyright 1997 The Washington Post. This material is published under license from the Washington Post.  All inquiries regarding rights should be directed to the Washington Post.Copyright information

South Korea's stock market continued its sharp slide today, after panicky traders sent it tumbling to a 10-year low Monday, the first full trading day since the government said it will seek an emergency bailout from the International Monetary Fund.

Few analysts linked the turmoil here directly to the failure of Japan's huge Yamaichi Securities firm, but the accumulation of bad economic news provided further evidence that a tide of financial woes that swamped Thailand, Malaysia and Indonesia earlier this fall has now overflowed into Northeast Asia.

The market closed its morning ...

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