January 10, 2024

Almost half of CEOs of leading 500 firms in 60s: survey

Nearly half of the chief executives of the leading 500 firms in South Korea are in their 60s, a survey showed Wednesday.

According to the survey conducted by CEO Lab, a corporate research organization, on the age of CEOs of the top 500 companies, th…

Seoul shares open lower on Wall Street losses

South Korean shares opened lower Wednesday, tracking overnight losses on Wall Street.

The benchmark Korea Composite Stock Price Index (KOSPI) shed 4.34 points, or 0.17 percent, to 2,556.90 in the first 15 minutes of trading.

Overnight, the Dow Jone…

Demand for Chinese yuan grows in N. Korean private markets: report

Demand for the Chinese yuan appeared to be growing in North Korea’s private markets, a report showed Wednesday, in a sign of rising distrust over the North’s own currency.

Some 68.4 percent of North Korean defectors who left their home country betwe…