South Korea’s president plans to open the currency market for 24-hour trading to attract foreign investors amid stalled U.S. trade talks. The move aims to boost the domestic stock market and address offshore won market issues, seeking developed market status from MSCI. The won weakened to 1,414.0 per dollar, prompting caution among market participants. The KOSPI stock index dropped over 2% on U.S. tariff worries, and the 10-year treasury bond yield rose to 2.966%. President Trump discussed slightly increasing the $350 billion investment package promised by Seoul.

Read more at Yahoo Finance: South Korea plans around-the-clock FX trade, US talks hit won