Currency traders wearing face masks work near the screens showing the Korea Composite Stock Price Index (KOSPI) (left) and the foreign exchange rate between U.S. dollar and South Korean won at the foreign exchange dealing room in Seoul, South Korea, Friday, July 17, 2020. Asian stock markets rebounded Friday after Wall Street closed lower amid uncertainty about the U.S. economic outlook. - AP
SEOUL, July 17 (Reuters): South Korea President Moon Jae-in on Friday said the annual tax code revision should encourage stock investment by retail investors, according to his spokesman.
"President Moon Jae-in said (the tax code revision) should focus on reviving the stock market, and encourage retail investors who have been supporting the stock market at difficult times through the coronavirus outbreak," Presidential spokesman Kang Min-seok said.
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