December 19, 2023

Seoul shares open lower on foreign sell-offs

SEOUL, South Korean stocks opened lower Tuesday despite overnight gains on Wall Street due to foreign and institutional sell-offs.The benchmark Korea Composite Stock Price Index (KOSPI) fell 9.17 points, or 0.36 percent, to 2,557.69 in the first 15 mi…

K-pop hits 100 mln copies in annual album sales milestone in 2023

SEOUL, The K-pop industry has achieved an unprecedented milestone this year as annual domestic sales of physical albums reached the 100 million mark.Circle Chart, a leading tracker of local albums sales, reported Tuesday that the top 400 physical albu…

S. Koreans fall short at PGA Tour qualifying tournament

SEOUL, Three South Korean players, including the reigning Player of the Year on the domestic tour, have all fallen short in the PGA Tour’s qualifying tournament.Ham Jeong-woo, the 2023 KPGA Korean Tour Player of the Year, finished tied for 45th at the…

Ruling party to name interim leader by weekend: source

SEOUL, The ruling People Power Party (PPP) will decide who will take over as the party’s interim leader by this weekend, a key party source said Tuesday.The source made the remark in a phone call with Yonhap News Agency, saying the party will continue…