South Korea ETFs Ignore Rate cut, Pressured by Samsung
June 11, 2015 at 14:11 PM EDT
Shares of the iShares MSCI South Korea Capped ETF (NYSEArca: EWY), the largest U.S.-listed South Korea exchange traded fund, are off half a percent today on reports that Samsung’s smartphone sales are faltering in China. Squeezed at the high end by bitter rival Apple (NasdaqGS: AAPL) and at the low...