Seoul shares end higher on tech gains
SEOUL– Seoul shares ended higher Friday spurred by gains in tech shares, though investors remain concerned about the Fed’s looming tapering move. The Korean won fell against the U.S. dollar.…
Business
S. Korea urges Indonesia to lift ban on coal exports
SEOUL– South Korea on Friday expressed concerns about Indonesia’s recent ban on coal exports and urged a prompt resumption of shipments, the trade ministry said. Indonesia imposed a one-month suspension…
Hyundai Heavy to operate world’s 1st autonomous ship in Q1
SEOUL– Hyundai Heavy Industries Group, the world’s biggest shipbuilder by sales, said Thursday it will operate the world’s first autonomous ship in the first quarter as it strives to secure…
Lee leads Yoon 36 pct to 28 pct: poll
SEOUL– Ruling party presidential candidate Lee Jae-myung is leading his main opposition rival Yoon Suk-yeol with 36 percent support against Yoon’s 28 percent, a survey showed Thursday. Lee of the…
Daewoo Shipbuilding wins 502 bln-won LNG ship order
SEOUL– Daewoo Shipbuilding & Marine Engineering Co. said Thursday it has received a 502 billion-won (US$420 million) liquefied natural gas (LNG) ship order in Greece. Daewoo Shipbuilding will deliver the…
Households, nonprofit agencies’ excess funds up in Q3
SEOUL– Excess funds held by South Korean households and nonprofit agencies increased in the third quarter of last year on a rise in income from pandemic-related state support and less…