Exports down 7.9 pct during first 10 days of Sept.

South Korea’s exports fell 7.9 percent on-year in the first 10 days of September due to weak shipments of chips and petroleum products, data showed Monday.

The country’s outbound shipments reached US$14.9 billion in the Sept. 1-10 period, compared w…

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Seoul shares up in late Mon. morning trade

South Korean stocks traded 0.14 percent higher late Monday morning, led by gains in tech and bio shares.

The benchmark Korea Composite Stock Price Index had added 3.64 points to 2,551.32 as of 11:20 a.m.

The world’s top memory chipmaker Samsung El…

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KT&G to expand production facilities in Indonesia

KT&G Corp., South Korea’s dominant tobacco company, said Monday it plans to expand its production facilities in Indonesia, with an aim to start operations in 2026.

KT&G currently has a tobacco manufacturing plant in Surabaya and plans to build anoth…

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Alchera to raise 56.1 bln won via stock offering

Alchera Inc.on Monday announced that it will sell stock to raise 56.1 billion won(US$42.2 million). The proceeds from the stock sale will be used mainly to finance its operations.

According to a regulatory filing, the company will issue 6.3 million …

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