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SEOUL (Reuters) – South Korea’s capital markets in December experienced the largest foreign outflows since March 2020 as heightened political uncertainty hit investor sentiment, central bank data showed on Wednesday. Foreigners last month extended their South Korean stock market selloff to a fourth straight month by selling a net $2.58 billion. In the bond market, they turned net sellers for the first time in nine months, with a net outflow of $1.28 billion. The monthly outflow of a combined $3.86 billion w
Easing winds delivered a brief but much-needed reprieve to firefighters Tuesday as they battled two massive blazes burning in the Los Angeles area, and the National Weather Service pushed back its unusually dire warning of critical fire weather until early the following day. Forecasters said the winds were below danger levels in the evening, but they were expected to strengthen overnight with potentially fire-fueling gusts. Red flag warnings remained in effect from Central California to the Mexican border u