Certified compostable materials will help packaging meet growing eco-demands.ROMEOVILLE, IL / ACCESSWIRE / May 2, 2024 / Formerra, a leader in performance materials distribution, announces a partnership with AFC Ecoplastics to distribute its compostabl...
Kia Reports Modest Sales Increase in April Due to Higher Overseas Demand
SEOUL — Kia Corp. announced a slight increase of 0.6 percent in its vehicle sales for April, driven by stronger international demand. According to Yonhap News Agency, Kia sold 261,022 vehicles last month, up from 259,397 units a year ago. Overseas ...
National Assembly Approves Special Counsel Investigation into Marine’s Death
SEOUL — The National Assembly, dominated by the opposition, passed a bill on Thursday to initiate a special counsel investigation into the military's handling of a Marine's death last year. According to Yonhap News Agency, the special counsel will ...
Seoul Stock Market Reacts to U.S. Federal Reserve’s Decision to Hold Rates
SEOUL — The Korea Composite Stock Price Index (KOSPI) fell by 8.41 points, or 0.31 percent, to 2,683.65 on Thursday, snapping a three-day rise following the U.S. Federal Reserve's decision to maintain its key interest rate. Trading volume was relative...
Recent Trends in South Korean Bond Yields
SEOUL — On May 2, 2024, South Korean bond yields showed a mixed trend with some declines observed across various maturities. The one-year treasury bond yield slightly decreased by 0.8 basis points to 3.462 percent. According to Yonhap News Agency, ...
South Korean Presidential Office Initiates Task Forces on Price Control and Strategic Industries
SEOUL — The presidential office in South Korea announced the formation of two task forces on Thursday, one to manage price control and another to bolster support for national strategic industries including semiconductors and autos. According to Yon...
National Assembly Passes Bill for Special Counsel Investigation into Marine’s Death
SEOUL — The opposition-controlled National Assembly in South Korea passed a bill on Thursday to initiate a special counsel investigation regarding the military's handling of a Marine's death last year. According to Yonhap News Agency, the bill mand...
GM Korea Reports 7.7% Increase in April Vehicle Sales Due to Strong Overseas Demand
SEOUL — GM Korea Co., the South Korean unit of General Motors Co., reported a 7.7 percent increase in vehicle sales in April compared to the previous year, driven by a surge in overseas demand. According to Yonhap News Agency, a total of 44,426 veh...