Seoul shares opened slightly higher Friday, as chip shares gained traction bolstered by overnight gains on Wall Street.
The benchmark Korea Composite Stock Price Index rose 0.04 percent, or 1.03 points, to 2,672.6 in the first 15 minutes of trading….
Industrial disasters affecting immigrant workers are on the rise, driven by incidents at small manufacturing and construction worksites, with up to 10,000 cases expected this year, a labor ministry report showed Friday.
A total of 6,715 applications…
South Korea’s business sentiment dipped for the third consecutive month in August amid dim prospects for the U.S. economy and other major economies, a central bank poll showed Friday.
Local companies’ business sentiment index (BSI) stood at 91.2 thi…
Sales of derivatives-linked securities in South Korea dropped sharply in the first half of the year, data showed Friday, following massive losses from derivative products tracking Chinese stocks.
The combined value of equity-linked securities (ELS) …
As with other countries, major US-based tech giants such as Google, Apple and Meta have set up local subsidiaries in South Korea, a nation known for a large pool of active users and well-established online infrastructure.
But some critics claim that…