Seoul shares extended losses late Wednesday morning as robust U.S. manufacturing activity spurred speculation that the Federal Reserve will keep interest rates higher for the time being.
The benchmark Korea Composite Stock Price Index (KOSPI) rose 4…
General election races are too close to call in 55 districts and 26 of them are in the Seoul metropolitan area, the leader of the ruling People Power Party (PPP) said Wednesday.
PPP leader Han Dong-hoon made the remark during a visit to the central …
The ruling People Power Party (PPP) predicts to gain about 90-100 seats in next week’s parliamentary elections, while the main opposition Democratic Party (DP) projects to win 110 seats or higher, their own latest forecasts showed Wednesday.
With se…
Samsung EandA Co. and GS Engineering and Construction Corp. (GS EandC) have won a combined US$7.2 billion deal to expand a gas plant in Saudi Arabia, the biggest order for South Korean companies in the Middle Eastern country, the presidential office …
South Korea’s top container shipper HMM Co. said Wednesday it has signed a deal with global terminal operator Shanghai International Port Group (SIPG) on cooperation in the supply of eco-friendly fuel for the Chinese port.
The memorandum of understa…