August 28, 2023

Another victim dies in vehicle ramming, stabbing incident: police

A woman declared brain-dead after being hit by a car of the suspect of a stabbing rampage just south of Seoul earlier this month died Monday, police said.The woman in her 20s was pronounced dead at a hospital in Suwon, 30 kilometers south of Seoul, at…

(LEAD) Seoul shares end higher after Fed chief’s speech

Seoul shares ended higher Monday, following gains on Wall Street after the U.S. Federal Reserve signaled a moderate course on its monetary policy in the future. The Korean won rose against the U.S. dollar.The benchmark Korea Composite Stock Price Inde…

Tobesoft to raise 10 bln won via stock offering

Tobesoft Co.on Monday announced that it will sell stock to raise 10 billion won (US$7.6 million). The proceeds from the stock sale will be used mainly to finance its operations.According to a regulatory filing, the company will issue some 10.94 millio…