Seoul shares open lower amid rate hike concerns

Seoul shares opened lower Thursday, tracking losses on Wall Street, as better-than-expected U.S. economic data bolstered the case for the Federal Reserve to raise interest rates further this year.

The benchmark Korea Composite Stock Price Index (KOS…

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Yoon, Chinese premier hold talks in Jakarta

South Korean President Yoon Suk Yeol and Chinese Premier Li Qiang held talks in Jakarta on Thursday, the presidential office said.

The meeting came as both leaders are in the Indonesian capital to attend annual summits with the Association of Southe…

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