October 5, 2023

(LEAD) BMW launches new 5 series sedan for 1st time in S. Korea

BMW Group on Thursday launched its new 5 series sedan for the first time in South Korea, reflecting the importance of the market for the German carmaker.The new 5 series is available in three versions — a gasoline or a diesel-powered engine, or an el…

Seoul shares close tad lower amid mixed U.S. rate outlook

South Korean stocks closed slightly lower Thursday amid a mixed outlook on whether the United States will maintain its monetary tightening policy. The local currency rose against the U.S. dollar.The benchmark Korea Composite Stock Price Index declined…