January 11, 2024

Ex-DP leader to announce departure from party

Lee Nak-yon, a former leader of the main opposition Democratic Party (DP), was set Thursday to announce his departure from the DP and plans to launch a new political party ahead of April’s parliamentary elections.

Lee, who served as prime minister d…

Seoul shares slightly up late Thus. morning following rate freeze

South Korean stocks were trading slightly higher late Thursday morning after the central bank stood pat on its key rate.

The benchmark Korea Composite Stock Price Index (KOSPI) had gained 7.94 points, or 0.31 percent, to 2,549.92 as of 11:20 a.m.

T…