Foreigners: President Park

foreigners: The massive foreign sales came as concerns deepened among foreigners over the political turmoil involving President Park and her longtime confidante that led to the impeachment last week of Park in the National Assembly, according to Xinhua China. Protest rallies continued for seven straight Saturdays since the scandal erupted in October. Foreigners dumped 1.19 trillion won 1.02 billion U.S. dollars in listed stocks in November, the first monthly sale by offshore investors since May, according to the Financial Supervisory Service FSS . European, Asian and Middle East investors sold hundreds of billions of won in local shares, while U.S. and Canadian investors slightly purchased shares. President Park was identified as a criminal accomplice to Choi Soon-sil, Park decades-long friend who was charged with using her sway with Park to extort donations from conglomerates and accessing state secrets. If the impeachment is legalized, a presidential election should be held in two months. As Park was suspended from office, Prime Minister Hwang Kyo-ahn became acting president to temporarily run the country until the constitutional court deliberates on it up to 180 days. (news.financializer.com). As reported in the news.