(LEAD) Kakao posts net loss of 1.7 tln won in Q4

SEOUL, Kakao Corp., the operator of South Korea’s dominant mobile messenger app, said Thursday its net loss widened in the fourth quarter from a year earlier due to an increase in non-operating costs.

The company said in a regulatory filing it posted…

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Seoul shares open higher on U.S. gains

SEOUL, Seoul shares opened higher Thursday, tracking overnight gains on Wall Street.

The benchmark Korea Composite Stock Price Index (KOSPI) gained 14.7 points, or 0.56 percent, to 2,635.12 in the first 15 minutes of trading.

Overnight, the U.S. sto…

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