Stocks dive on European economic woes, Apple’s Elpida chip orders
May 16, 2012
Volatility likely to increase unless EU resolves crisis: analysts Seoul stocks took a nosedive Wednesday amid increasing concerns over the European debt crisis, driving foreign investors to sell and seek safer investment assets such as the U.S. dollar and gold, analysts said. Also, the news that Apple is likely to decrease its DRAM memory chip orders from Samsung Electronics, Korea’s biggest bl...