South Korean shares closed sharply higher Monday, helped by strong advances in tech and financial shares. The local currency lost ground against the U.S. dollar.
The benchmark Korea Composite Stock Price Index (KOSPI) added 26.38 points, or 1.02 perc…
A multibillion-dollar tender offer by private equity firm MBK Partners for a controlling stake in Korea Zinc Inc., the world’s largest zinc smelter, is set to expire Monday, with Korea Zinc shares trading below the offer price.
MBK Partners, in partn…
Two films based on the works of Nobel Prize-winning author Han Kang will receive special screening sections later this week, CJ CGV said Monday.
The films, “The Vegetarian” and “Scars,” will be shown on Thursday, in celebration of the Korean novelist…
The leader of the ruling People Power Party (PPP) on Monday stepped up calls for a personnel overhaul of the presidential office to address controversies that first lady Kim Keon Hee has a coterie of officials influencing state affairs.
“(Kim) is not…
Bank of Korea (BOK) Gov. Rhee Chang-yong said Monday he asked ChatGPT about last week’s monetary policy decision and the chatbot replied a rate freeze was the best option, saying ChatGPT “can’t be believed.”
Rhee made the remarks in response to a que…