Won tumbles to 1,380 level per dollar for 1st time in over 13 years
SEOUL– The South Korean currency on Wednesday declined to the 1,380-won level against the U.S. dollar for the first time in more than 13 years
SEOUL– The South Korean currency on Wednesday declined to the 1,380-won level against the U.S. dollar for the first time in more than 13 years
SEOUL– Bank of Korea (BOK) Gov. Rhee Chang-yong will attend meetings of the Bank for International Settlements (BIS) to be held in Switzerland early next
SEOUL– South Korea’s finance minister said Wednesday the government is closely monitoring herd behavior in the foreign exchange market and will take proper measures to
SEOUL– Hanwha Solutions Corp., a key energy unit of South Korea’s Hanwha Group, said Wednesday it is investing 761.7 billion won (US$549.6 million) to boost
SEOUL– Seoul shares tumbled on Wednesday as foreigners and institutions dumped holdings amid worries over the U.S. Federal Reserve’s continued aggressive rate hikes and their
SEOUL– Hyundai Motor Group, South Korea’s top automaking group, and telecom giant KT Corp. will strengthen their partnership in future mobility solutions business through share-swap
SEOUL– Hyundai Mobis Co., South Korea’s biggest auto parts maker, said Wednesday it will cancel 70.8 billion won (US$51 million) worth of its own stocks
SEOUL– The main opposition Democratic Party (DP) decided Wednesday to introduce a bill later in the day mandating an independent counsel probe of first lady
SEOUL– South Korea and Japan held bilateral vice-ministerial defense talks in Seoul on Wednesday for the first time in six years, as they seek to
SEOUL– Hyundai Card Co. is in talks with Apple Inc. to introduce the U.S. tech giant’s mobile payment service to South Korean card users, industry