South Korean stocks closed lower Monday as investors dumped local shares on the government’s weaker-than-expected plans to boost corporate value. The Korean won edged down against the U.S. dollar.
The benchmark Korea Composite Stock Price Index fell…
South Korea plans to tighten export controls on Russia and Belarus for items that can potentially be used for military purposes, the trade ministry said Monday.
The announcement came after South Korea added 682 items with actual or potential militar…
President Yoon Suk Yeol said Monday the government will release a large area of military-protected land to the public to enable the construction of essential facilities and promote regional economic development.
Yoon unveiled the plan during a gover…
POSCO International Corp., the trading unit of South Korea’s leading steelmaker POSCO, said Monday it will expand its overseas traction motor core production capacity to secure a new growth driver.
In a recent board meeting, POSCO International deci…
Hybe Co. on Monday reported its 2023 net income of 186.6 billion won (US$140.2 million), up 288.8 percent from a year earlier.
The company said in a regulatory filing that operating profit for the year rose 24.9 percent on-year to 295.8 billion won….