South Korea’s exports fell 7.9 percent on-year in the first 10 days of September due to weak shipments of chips and petroleum products, data showed Monday.
The country’s outbound shipments reached US$14.9 billion in the Sept. 1-10 period, compared w…
Hyundai Engineering & Construction Co. (Hyundai E&C) said Monday it has signed a partnership deal with a local energy IT startup via an equity investment in an effort to break into the power brokerage business.
Hyundai E&C, South Korea’s No. 2 build…
South Korean stocks started a tad lower Monday as big-cap tech and auto stocks traded in negative territory.
The benchmark Korea Composite Stock Price Index (KOSPI) lost 7.06 points, or 0.28 percent, to 2,540.62 in the first 15 minutes of trading.
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SKC Co., a South Korean manufacturer of secondary battery parts and advanced materials, said Monday it is acquiring a stake in a U.S. semiconductor packaging startup as it accelerates the drive for chip post-processing.
The investment in Chipletz, a…
KT Corp., a major telecom operator in South Korea, said Monday it has reached a deal with a Singaporean postal service firm to join hands in developing a new business model for digital logistics.
Under the memorandum of understanding, KT and Singapo…
South Korean stocks finished slightly higher Monday ahead of key economic data to be released later this week, ending a four-day losing streak. The local currency gained ground against the U.S. dollar.
The benchmark Korea Composite Stock Price Index…
Today (%) Previous Session(%) Change (BP)
1-year TB 3.607 3.562 +4.5
2-year TB 3.891 3.825 +6.6
3-year TB 3.865 3.795 +7.0
10-year TB 3.961 3.895 +6.6
2-year MSB 3.892 3.829 +6.3
3-year CB (AA-) 4.622 4.552 +7.0
91-day CD None None None
…
Hyundai Motor Co. said Monday its unionized workers have warned of a partial strike this week to demand higher wages after signing wage deals in the past four years without industrial actions, the company said Monday.
Hyundai Motor workers will hold…
South Korean stocks finished slightly higher Monday ahead of key economic data to be released later this week, ending a four-day losing streak. The local currency gained ground against the U.S. dollar.
The benchmark Korea Composite Stock Price Index…
South Korea will develop quality seeds of gim, or dried laver, and extend support for its exports with a goal to achieve its global sales of US$1 billion by 2027, the oceans ministry said Monday.
It is part of the government’s comprehensive five-yea…