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Korean hitmaker combines sci-fi with Korean folklore in new film ‘Alienoid’
[Temple to Table] Storehouse of vitamin C: Ongsimi
[Visual History of Korea] Do or die naval battles defined Adm. Yi Sun-sin as hero
[Photo News] Remembering fallen heroes
New COVID-19 cases drop below 7,000 amid slowdown in omicron spread
[Interactive] Crypto scam victims lose more than $1b since 2021
[Scholars and their spaces] Living a life of virtue, one is never alone
[Weekender] Korean War as seen through films
Twice’s Nayeon overcomes limits with first solo EP ‘Im Nayeon’
[Today’s K-pop] NCT Dream to host concert in Seoul next month
Top Coast Guard brass offer resignation over civil servant slain by NK troops
Monkeypox patient passed airport’s health screening without being checked
Seoul shares sharply rebound on dip-buying; Korean won gains ground
Memories of Korean War outbreak on June 25 transcended in art
Panel expert downbeat on Korean investments in premium TV displays
Government to push retailers for gasoline price cut
[Newsmaker] Approval of South Korea’s 1st homegrown vaccine likely next week
Porsche Korea CEO elected new KGCCI head
‘Taekwon, Fly Up!’ presents charm of taekwondo with music and dance
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Seoul shares dip over 1.5% as inflation worries prevail
May 24, 2022
Seoul shares ended lower on Tuesday as investors remain concerned about inflation despite US President Joe Biden's remark that US tariffs imposed on Chinese imports are being reviewed for reduction. The South Korean won fell against the US dollar. The Korea Composite Stock Price Index (KOSPI) fell 41.51 points, or 1.57 percent, to 2,605.87. Trading volume was moderate at 837.87 million shares wo...
Seoul shares open lower ahead of Fed minutes release
May 24, 2022
Seoul shares opened lower Tuesday, bucking overnight gains on Wall Street, as investors await the minutes of the Federal Reserve's latest rate-setting meeting this week to take a cue about the US central bank's future tightening move. The Korea Composite Stock Price Index (KOSPI) fell 1.73 points, or 0.07 percent, to trade at 2,645.65 in the first 15 minutes of trading. Overnight, The Dow Jones...
Land Minister vows to ease price ceiling on privately built apartments
May 23, 2022
Flights connecting Gimpo, Haneda to resume on June 1 at earliest
Investors warned over ‘frothy’ markets amid wobbly Kospi
May 23, 2022
Market watchers sound alarm over stock market, housing bubble bursting
Seoul shares open higher on summit hope
May 23, 2022
South Korean stocks open higher Monday, buoyed by the anticipation that the outcome of the South Korea-US summit will give a boost to key industrial sectors. The Korea Composite Stock Price Index (KOSPI) rose 6.88 points, or 0.26 percent, to trade at 2,646.17 in the first 15 minutes of trading. In a joint statement issued after the summit between Presidents Yoon Suk-yeol and Joe Biden on Saturd...
Seoul stocks sharply rebound on dip-buying, ahead of Biden visit
May 20, 2022
South Korean shares advanced Friday as investors scooped up oversold stocks and pinned hopes for expanded business ties between South Korea and the United States. The Korean won steeply rose against the US dollar. The benchmark Korea Composite Stock Price Index (KOSPI) added 46.95 points, or 1.81 percent, to close at 2,639.29 points. After a volatile week from high inflation, the key stock index...
Seoul stocks open higher on tech, auto gains
May 20, 2022
South Korean shares opened higher Friday, buoyed by strong advances by tech and auto heavyweights, despite overnight falls on Wall Street. The benchmark Korea Composite Stock Price Index (KOSPI) had added 25.64 points, or 0.99 percent, to trade at 2,617.98 points as of 9:15 a.m. On Thursday, the index dipped 1.28 percent. Overnight, the Dow Jones Industrial Average and the tech-heavy Nasdaq co...
Seoul shares dip over 1% on inflation woes
May 19, 2022
Seoul shares dropped by over 1 percent to snap their two-day winning streak, as investors' appetite for risky assets fell amid fears about high-flying inflation pressure that sparked a massive sell-off on Wall Street. The Korean won steeply fell against the US dollar. The Korea Composite Stock Price Index (KOSPI) retreated 33.64 points, or 1.28 percent, to close at 2,592.34 points. Trading volu...
Korea has nearly 100,000 investors holding crypto worth over W100m
May 19, 2022
Five Koreans who invested in terraUSD and luna sue co-founders of Terraform Labs, the company behind the troubled cryptocurrencies
Seoul shares open steeply lower after US stock plunge
May 19, 2022
Seoul shares opened steeply lower Thursday, tracking an overnight plunge on Wall Street that stemmed from fears about high-flying inflation pressure. The Korea Composite Stock Price Index (KOSPI) fell 47.02 points, or 1.79 percent, to 2,578.96 points in the first 15 minutes of trading. The S&P 500 sank 4.04 percent Thursday, the sharpest drop since June 2020, as high inflation and lackluster ea...
Justice minister revives financial fraud team
May 18, 2022
The Seoul Southern District Prosecutors Office said Wednesday that it has reinstated the joint team on financial and securities fraud that was disbanded by the previous Moon government, a day after the new justice minister called for it at his inauguration. The joint team, which was set up in 2013 but dissolved in 2020 amid criticisms that prosecutors abused their authority, epitomized the power...
Seoul shares open higher on US tech rally
May 18, 2022
South Korean shares opened higher Wednesday, tracking overnight rallies on Wall Street amid lingering uncertainty over higher inflation and combative monetary tightening in major economies. The Korea Composite Stock Price Index (KOSPI) rose 23.55 points, or 0.90 percent, to 2,643.99 in the first 15 minutes of trading. Overnight, US stocks closed higher, boosted by a rally in tech stocks, in the...
Seoul shares up nearly 1% as investors buy beaten-down issues
May 17, 2022
South Korean shares rose nearly 1 percent Tuesday as investors picked up recently downbeat issues, including Samsung Electronics, amid worries over inflation and aggressive monetary tightening in major economies. The Korean won gained ground against the US dollar. The benchmark Korea Composite Stock Price Index (KOSPI) added 23.86 points, or 0.92 percent, to close at 2,620.44 points. Trading vo...
Seoul shares open higher amid persistent rate hike woes
May 17, 2022
South Korean shares opened higher Tuesday on institutional buying despite persistent worries over inflation and aggressive monetary tightening in major economies. The Korea Composite Stock Price Index (KOSPI) rose 16.51 points, or 0.64 percent, to 2,613.09 in the first 15 minutes of trading. Overnight, US stocks ended mixed over the latest disappointing economic data from the US and China. Addi...
[Newsmaker] Creator of Korean-made cryptos under siege after $37b wiped out
May 16, 2022
Financial authorities closely monitoring the issue, but lacking legal grounds to take action
MOST POPULAR
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Monkeypox patient passed airport’s health screening without being checked
Top Coast Guard brass offer resignation over civil servant slain by NK troops
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Lee Jun-seok at risk of penalty by ethics panel while his supporters grow vocal
In key party meeting, N. Korea approves strengthening 'war deterrent,' state media says
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NSC intervened in ministry decision on South Korean killed by NK: lawmaker
Panel expert downbeat on Korean investments in premium TV displays
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Government to push retailers for gasoline price cut
Posco apologizes for sexual violence in workplace
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[Newsmaker] Approval of South Korea’s 1st homegrown vaccine likely next week
Twice’s Nayeon overcomes limits with first solo EP ‘Im Nayeon’
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