Decades Thursday: Joonwon Yoon and Fund Manager

decades thursday: The South Korean won weakened on the news, while Japan defense stocks rose. ; This seems to be a signal that the Korea-Japan conflict will continue, said Joonwon Yoon, a fund manager at HDC Asset Management in Seoul, according to The Japan Times. It only adds more uncertainties to the market. What started as a dispute over colonial-era grievances has snowballed over the past two months, with relations deteriorating to the lowest point in decades Thursday after Seoul withdrew from a key intelligence-sharing pact. The spat is impacting businesses, investors and the outlook for growth in two of Asia's biggest economies. Samsung Electronics Co., the world's biggest chipmaker, is trying to diversify its suppliers, but investors are wary The stock has slumped about 6 percent since the start of July. Companies concerned The global tech industry, for example, is watching the dispute closely after Japan tightened export controls for materials vital to Korean makers of computer chips and displays a move that could upset supply chains for everything from Apple iPhones to Dell laptops. (news.financializer.com). As reported in the news.