Seoul shares close lower on tech losses
SEOUL– Seoul stocks ended lower Monday as investors moved to cash in part of recent gains on cautions that it would be too early to expect the Federal Reserve to…
Business
Ending Ukraine War ‘Best Thing’ to Mend World Economy: Yellen
U.S. Treasury Secretary Janet Yellen heaped pressure on Russia on Monday ahead of the G-20 summit in Indonesia, saying the best way to end world economic tumult was to stop…
Korea’s auto exports value grows 28.5% in October
The Ministry of Trade, Industry and Energy announced on November 11 that Korea’s automobile production, domestic sales and exports all recorded double-digit growth of 24.2 percent, 15.2 percent and 30.2…
MOTIE holds 6th Korea-Shandong Economic and Commercial Cooperation Exchange
Trade, Industry and Energy Minister Lee Chang-yang attended the sixth meeting of the Korea-Shandong Economic and Commercial Cooperation Exchange (hereinafter “Exchange”) on November 9, held via videoconferencing. Launched in 2016,…
KEPCO Plant Service & Engineering Q3 net profit down 8.5 pct to 24.1 bln won
SEOUL– KEPCO Plant Service & Engineering Co. on Friday reported its third-quarter net income of 24.1 billion won (US$18.3 million), down 8.5 percent from a year earlier. The company said…
Auto exports jump 28 pct in October on solid demand for eco-friendly cars
SEOUL– South Korea’s car exports jumped 28.5 percent on-year last month on brisk demand for eco-friendly cars, data showed Friday. The value of outbound shipments of automobiles came to US$4.92…