Seoul shares open almost flat

Seoul shares opened almost flat Monday as investors were paying attention to remarks by the U.S. Federal Reserve officials following a big cut last week.

The benchmark Korea Composite Stock Price Index rose 0.03 percent, or 0.9 points, to 2,594.27 i…

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KEPCO to freeze Q4 electricity rates

The state-run Korea Electric Power Corp. (KEPCO) said Monday it plans to freeze electricity rates for the fourth quarter.

KEPCO said it will keep the adjusted unit fuel cost — a key part of the country’s electricity rates — unchanged at 5 won (US$…

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