January 25, 2024

Seoul shares trim earlier losses late Thu. morning on auto gains

Seoul shares erased earlier losses late Thursday morning on gains in automobile stocks after opening lower on a mixed close on Wall Street.

The benchmark Korea Composite Stock Price Index (KOSPI) fell 0.49 percent, or 12.17 points, to 2,457.52 as of…

(3rd LD) N. Korea says it test-fired new strategic cruise missile

North Korea said Thursday it test-fired a new strategic cruise missile, named “Pulhwasal-3-31,” for the first time the previous day in what was seen as an effort to strengthen capabilities to deliver nuclear weapons.

The North’s Missile General Bure…

S. Korea to sell 14 tln won worth of Treasurys in February

South Korea plans to sell 14 trillion won (US$10.48 billion) in state bonds next month, the finance ministry said Thursday.

The country will issue 1.6 trillion won in Treasurys with a maturity of two years and 2.6 billion won in three-year governmen…