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Home » Archives for January 3, 2024 » Page 7

January 3, 2024

Seoul shares extend losses in late morning trade ahead of Fed minutes

January 3, 2024

Seoul shares extended losses late Wednesday morning as investors await the Federal Reserve’s latest minutes for clues on the U.S. central bank’s future rate plans.

The benchmark Korea Composite Stock Price Index had fallen 47.04 points, or 1.76 perc…

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Kia logs record annual sales of 3.08 mln units in 2023

January 3, 2024

Kia Corp., South Korea’s second-largest automaker by sales, said Wednesday its 2023 sales reached a record high of some 3.08 million units thanks to increased overseas demand for its SUV models.

Kia, the smaller auto affiliate of Hyundai Motor Co., …

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Police to seek arrest warrant for suspect in stabbing attack against opposition leader

January 3, 2024

Police said Wednesday they plan to seek an arrest warrant for the suspect in the stabbing attack against opposition leader Lee Jae-myung during his visit to the southeastern port city of Busan.

The suspect, identified only by his surname Kim, 66, is…

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Seoul shares dip over 2 pct on profit taking ahead of Fed minutes

January 3, 2024

South Korean stocks dropped by more than 2 percent Wednesday as investors sought to cash in recent gains ahead of the release of the Federal Reserve’s latest minutes. The Korean won fell against the U.S. dollar.

The benchmark Korea Composite Stock P…

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YouTube on verge of becoming most-used mobile platform in S. Korea: data

January 3, 2024

YouTube is poised to become the most used mobile platform in South Korea, closely trailing the current leader KakaoTalk, industry data showed Wednesday.

As of December, KakaoTalk, the country’s top mobile messenger run by Kakao Corp., had a total of…

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