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Home » Archives for February 8, 2024 » Page 5

February 8, 2024

Seoul shares up late Thur. morning on U.S. rate cut hopes

February 8, 2024

South Korean shares continued to trade higher late Thursday morning after opening high on hopes of U.S. rate cuts.

The benchmark Korea Composite Stock Price Index (KOSPI) added 16.67 points, or 0.64 percent, to 2,626.25 as of 11:20 a.m.

The KOSPI sl…

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Gov’t to deploy ‘all means’ to cope with looming walkout by doctors over hike in med school enrollment quota

February 8, 2024

The government will deploy “all means” to cope with a looming walkout by a major association of medical doctors in protest of the planned hike in the enrollment quota for medical schools, a senior official said Thursday.

Park Min-soo, second vice min…

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S. Korea’s total revenue down 77 tln won amid economic challenges

February 8, 2024

South Korea’s total revenue, including tax gains, fell 77 trillion won (US$57.9 billion) on-year in 2023 due to economic challenges from home and abroad, government data showed Thursday.

For fiscal 2023, the country’s total revenue amounted to 497 tr…

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S. Korean shares close higher on hopes of U.S. rate cuts

February 8, 2024

South Korean stocks closed higher for a second consecutive session Thursday amid growing hopes of U.S. rate cuts. The local currency slightly lost ground against the U.S. dollar.

The benchmark Korea Composite Stock Price Index (KOSPI) added 10.74 poi…

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‘Wonka’ garners 1 million views in first nine days of release

February 8, 2024

The fantasy flick “Wonka” has attracted more than 1 million moviegoers in South Korea, Warner Bros. Korea said Thursday, becoming the fastest film this year to hit the box office milestone.

Since its local release last Wednesday, the Timothee Chalame…

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