Seoul shares open lower after Fed minutes

Seoul shares opened lower Thursday, following an overnight slump in U.S. stocks, after the latest Fed minutes indicated interest rates will remain at high levels for some time.

The benchmark Korea Composite Stock Price Index fell 10.97 points, or 0….

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Shipping firms asked to consider detouring Red Sea

South Korea’s industry ministry on Thursday asked shipping firms to consider delivering freights through alternative routes amid lingering tensions in the Red Sea.

The remark came after Iran-backed Houthi militants in Yemen have been attacking comme…

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14 injured in 2 pileups on icy bridges in Sejong

Dozens of vehicles collided in two pileups on icy bridges in the central city of Sejong early Thursday, leaving 14 people injured, police said.

About 30 vehicles were involved in a pileup that happened on the 925-meter-long Geumbitnoeul Bridge at 5:…

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(EDITORIAL from Korea Herald on Jan. 4)

Stabbing of opposition leader Lee poses threat to democracy, reveals distorted politics of hatred

South Korea’s political scene hit turbulence when Lee Jae-myung, leader of the main opposition Democratic Party of Korea, was stabbed in the neck durin…

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