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Home » Archives for April 5, 2024 » Page 11

April 5, 2024

(LEAD) Early voting kicks off amid record high turnout

April 5, 2024

Early voting began Friday ahead of next week’s parliamentary elections, with turnout reaching a record high just three hours after the polls opened, amid high interest in the vote seen as a midterm referendum on the administration of President Yoon S…

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EV sales drop 25 pct in S. Korea in Q1; hybrid car sales jump

April 5, 2024

Electric vehicle sales in South Korea plunged 25 percent in the first quarter from a year earlier, while gasoline hybrid model sales jumped 46 percent during the same period, according to a market tracker Friday.

From January to March, the country’s…

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Seoul shares open lower on dashed hopes for early rate cut

April 5, 2024

Seoul shares opened lower Friday as investors were disappointed with hawkish comments by Federal Reserve officials.

The benchmark Korea Composite Stock Price Index (KOSPI) fell 23.64 points, or 0.86 percent, to 2,718.36 in the first 15 minutes of tr…

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(LEAD) Samsung Electronics expects tenfold jump in Q1 profit as chip demand rebounds

April 5, 2024

South Korean tech giant Samsung Electronics Co. said Friday its operating profit for the first quarter is estimated to have shot up more than tenfold on rebounding demand for memory chips, beating market expectations.

The world’s biggest maker of me…

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N. Korea ramping up preparations for art festival marking late founder’s birth

April 5, 2024

North Korea has been ramping up preparations for an art festival celebrating the 112th birthday of late founder Kim Il-sung this month, with art troupes from Russia, China and Mongolia expected to participate in the event, state media reported Friday…

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