South Korean shares trimmed earlier losses to trade nearly flat late Monday morning.
The benchmark Korea Composite Stock Price Index (KOSPI) slipped 0.28 point, or 0.01 percent, to 2,674.03 as of 11:20 a.m.
The index earlier opened slightly lower o…
Hyundai Motor Co., South Korea’s leading carmaker, said Monday its August sales slipped 5.3 percent from last year as exports declined.
Hyundai Motor sold 332,963 vehicles in last month, down from 333,264 units a year earlier, the company said in a …
The finance ministry said Monday it will push to reduce 32.1 trillion won (US$24.01 billion) of debt incurred by 14 financially troubled public companies combined by 2026 through asset sales and organization restructuring.
According to the revised f…
South Korea will host an international conference on exploring the responsible use of artificial intelligence (AI) in the military domain next week, the foreign ministry said Monday.
The second Responsible AI in the Military Domain (REAIM) conferenc…
Stuck in a lost season, once-mighty Jeonbuk Hyundai Motors have assured themselves of a spot in the bottom half of the K League 1 for the first time in club history.
Jeonbuk played FC Seoul to a goalless draw at home, Jeonju World Cup Stadium in Jeo…
South Korean shares rose Monday, as investors bet on a U.S. rate cut. The local currency slightly lost ground against the U.S. dollar.
The benchmark Korea Composite Stock Price Index added 6.69 points, or 0.25 percent, to close at 2,681.00.
Trade v…
South Korea’s average daily maximum power demand reached a new high in August as the country experienced scorching summer heat that persisted throughout the month, data showed Monday.
The country’s peak power demand in August averaged 87.8 gigawatts…
KG Mobility Corp., formerly known as SsangYong Motor Co., said Monday its August sales dropped 25 percent from a year earlier due to fewer working days over the summer vacation period and weak overseas demand.
KG Mobility sold 8,128 vehicles last mo…
The over 26,000 food radioactivity tests conducted in Seoul since the first release of treated radioactive water from the crippled Fukushima nuclear power plant one year ago have all met safety standards, city officials said Monday.
The city governm…
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