January 1, 2024

Full text of Yoon’s New Year address

The following is the full text of President Yoon Suk Yeol’s address to the nation on New Year’s Day on Monday.

My fellow citizens, and 7 million overseas Koreans,

The year of the blue dragon has dawned. I wish everyone a Happy New Year.

What wish …

Foreign net purchases of Samsung Electronics reach all-time high

Foreign investors’ net purchases of Samsung Electronics Co. stocks reached an all-time high last year on rising expectations of a recovery in the semiconductor industry, bourse data showed Monday.

Offshore investors scooped up a net 16.7 trillion wo…

(2nd LD) Exports slip 7.4 pct in 2023 on weak chip demand

South Korea’s exports decreased 7.4 percent on-year in 2023 amid the sluggish performance of chips coupled with global economic uncertainties, industry ministry data showed Monday.

Outbound shipments stood at US$632.6 billion last year, according to…