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(LEAD) Seoul shares down for 3rd day on U.S. rate hike, China woes

September 25, 2023

South Korean stocks finished lower Monday, driven by a sharp fall in battery shares, on concerns about the Federal Reserve’s continued monetary tightening path, a U.S. government shutdown and risks in the Chinese property sector. The local currency ros…

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Cambodia, China Eye Bird’s Nest Manufacturing Partnership

September 22, 2023

The Ministry of Agriculture, Forestry, and Fisheries (MAFF) and a Chinese firm are considering the possibility of a bird’s nest manufacturing partnership.This was a topic of discussion during a meeting between Cambodian Minister of MAFF H.E. Dith Tina …

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INTEGRATED ENFORCEMENT UNDER OPS JAMIN TO CONTINUE TO RESTORE RICE SHORTAGE – AHMAD ZAHID

September 21, 2023

Deputy Prime Minister Datuk Seri Dr Ahmad Zahid Hamidi today said that the integrated enforcement activities under an operation code-named Ops Jamin will continue for the time being to address and restore the shortage of rice supply promptly.He said si…

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Genesis’ global sales exceed 1 mln units through Aug.

September 17, 2023

Hyundai Motor Co. said Sunday the accumulated sales of its Genesis brand models exceeded 1 million units as of August, reaching the milestone in around eight years since the brand’s inception.The South Korean carmaker sold 690,177 units of the models …

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S. Korean economic growth estimated at 1.4 pct for 2023: S&P economist

September 17, 2023

South Korea’s economy is expected to grow 1.4 percent this year, with the country’s central bank anticipated to lower its key rate twice in 2024, an economist at S&P Global Ratings said Sunday.The growth forecast by Rajiv Biswas, the chief economist o…

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