Daily Archive: July 10, 2021

Seoul stocks likely to face volatility next week on virus woes

SEOUL, South Korean stocks are likely to face increased volatility next week as hopes for strong corporate earnings square off against escalating virus woes.The benchmark Korea Composite Stock Price Index (KOSPI) closed at 3,217.95 points on Friday, do…

Military to tighten restrictions to curb spread of COVID-19

SEOUL, July 10 (Yonhap) — The military will enhance its own measures to prevent the spread of COVID-19 in line with government plans to impose tougher controls on the greater Seoul area to fight a new wave of infections, officials said Saturday.The de…

SsangYong Motor to sell plant site in rehabilitation efforts

SEOUL, SsangYong Motor Co., a debt-ridden automaker, has decided to sell the site of its plant in Pyeongtaek as part of self-rescue efforts, the local government said Saturday.The company has been under court receivership since April, as its Indian par…

3 KBO games canceled due to COVID-19 cases, protocols

SEOUL, Three South Korean baseball games scheduled for Saturday were canceled, following three additional cases of the novel coronavirus on two clubs.The Korea Baseball Organization (KBO) said Saturday two members of the Doosan Bears and one player fro…

37 USFK-affiliated individuals test positive for COVID-19

SEOUL, Thirty U.S. Forces Korea service members and seven other affiliated people tested positive for COVID-19 this week, the U.S. military said Saturday, amid a massive spike in virus infections across South Korea.The 30 service members were either fr…

Countries Struggle with COVID-19 Spike

South Korea recorded a record number of new coronavirus infections for a third straight day, the Korea Disease Control and Prevention Agency said Saturday.The country also recorded its highest-ever number of cases of COVID-19, the disease caused by the…