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Jeju Air and South Korea’s Industrial Production

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A sunrise view of Seoul’s skyline highlights the N Seoul Tower at Namsan Park, showcasing the city’s beauty. On the financial front, South Korea’s Kospi dipped 0.22% amid political instability and discouraging industrial data, while the Kosdaq rose by 1.83%. The nation faced tragedy with a deadly airline crash, leading to a significant drop in Jeju Air’s stock. Industrial output fell 0.7% in November, contrary to expectations. Meanwhile, Japan’s Nikkei 225 declined 0.96%, although its manufacturing sector showed signs of slower contraction. Asia-Pacific markets were mixed as traders awaited important data and the New Year holiday approached.

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