(EDITORIAL from Korea JoongAng Daily on Oct. 18)

In the four by-elections held on Wednesday to choose the new heads of municipal governments, the governing People Power Party (PPP) and the majority Democratic Party (DP) each kept their home turf. While the PPP won the two by-elections in Geumjeong …

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Seoul shares down for 3rd day on foreign sell-off

South Korean stocks closed lower Friday as foreign investors unloaded big-cap tech and battery shares. The local currency fell against the U.S. dollar.

After opening slightly higher, the benchmark Korea Composite Stock Price Index (KOSPI) lost 15.48…

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