Hitejinro Co., South Korea’s leading beverage company, said Monday it will cut the factory price of its soju products by 10.6 percent in January, helped by the government’s tax benefits.Hitejinro will deliver its soju products, Chamisul and Jinro, at …

South Korean stocks traded higher late Monday morning after opening weaker on profit-taking amid hopes for the Federal Reserve’s rate cuts next year.The benchmark Korea Composite Stock Price Index (KOSPI) had gained 3.46 points, or 0.13 percent, to 2,…