Seoul shares open higher amid rate cut hopes

SEOUL, Seoul shares opened higher Tuesday as investors expect the U.S. Federal Reserve to start easing this year due to continued disinflation.

The benchmark Korea Composite Stock Price Index (KOSPI) rose 33.23 points, or 1.27 percent, to 2,653.55 i…

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Exports fall 14.6 pct from Feb. 1-10

SEOUL, South Korea’s exports fell nearly 15 percent on-year in the first 10 days of February due mainly to fewer working days, data showed Tuesday.

Outbound shipments reached US$15.01 billion in the Feb. 1-10 period, compared with $17.57 billion tal…

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