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Kim Jong-il Death Rumors Rattle Markets
englishnews@chosun.com ^ | November 9, 2011 | staff

Posted on 11/08/2011 9:11:38 PM PST by Rabin

Rumors of North Korean leader Kim Jong-il's death spread through the South Korean stock market on Tuesday, driving share prices down and causing the won to plunge against the U.S. dollar. The KOSPI hovered around the 1,915 point level, similar to Monday's close, but fell steeply at around 2:20 p.m. when the rumors hit the market.

A Unification Ministry official said there was no substance to the rumors.

(Excerpt) Read more at english.chosun.com ...


TOPICS: Heated Discussion
KEYWORDS: kimjongil; northkorea
Hell's gate is ever open. One can but hope.

Rab

1 posted on 11/08/2011 9:11:45 PM PST by Rabin
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To: Rabin

We get this rumor every three months or so, hope it is true this time.


2 posted on 11/08/2011 9:16:13 PM PST by doc1019 (If Romney is our choice, I refuse to vote.)
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To: Rabin

Shouldn’t they be celebrating?


3 posted on 11/08/2011 9:17:54 PM PST by GeronL (The Right to Life came before the Right to Happiness)
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To: Rabin

If this gets back to Lil’ Kim he’ll be furious and start offing some of his top men again!


4 posted on 11/08/2011 9:19:36 PM PST by Jack Hydrazine (It's the end of the world as we know it and I feel fine!)
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To: GeronL

They know that nothing will change.


5 posted on 11/08/2011 9:20:00 PM PST by doc1019 (If Romney is our choice, I refuse to vote.)
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To: GeronL

There will be feasting when he is really dead...
If only because there is so little food that even dear leader gets BBQ’d if he dies.


6 posted on 11/08/2011 9:21:25 PM PST by MrEdd (Heck? Geewhiz Cripes, thats the place where people who don't believe in Gosh think they aint going.)
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To: GeronL

There’s a lot of people who are convinced that the plan to install Kim Jong-un as the next “Leader” of North Korea is by no means widely accepted in what passes for a power structure there.

If Chia-Pet head suddenly kicks the wok, the power struggle could get very messy and they could end up with an even bigger nutcase in charge.

If I was an investor in Seoul, that would certainly make me nervous.


7 posted on 11/08/2011 9:23:09 PM PST by Ronin (If we were serious about using the death penalty as a deterrent, we would bring back public hangings)
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To: Rabin
This just in: Generalissimo Franco is still dead.
8 posted on 11/09/2011 1:17:05 AM PST by TrueKnightGalahad
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