January 25, 2024

(LEAD) Seoul shares close tad higher on auto gains

Seoul shares ended slightly higher on Thursday, helped by gains in auto stocks as their 2023 earnings fared well on the back of robust demand. The Korean won rose against the U.S. dollar.

The benchmark Korea Composite Stock Price Index (KOSPI) rose …

Parliament passes bill on Daegu-Gwangju bullet train project

The National Assembly on Thursday passed a special bill calling for the construction of a high-speed railway connecting the southern cities of Gwangju and Daegu.

The legislation propels an 8 trillion-won (US$5.98 billion) project to launch bullet tr…

Composer Unsuk Chin wins Ernst von Siemens Music Prize

South Korean composer Unsuk Chin won the Ernst von Siemens Music Prize, dubbed the Nobel Prize of classical music, Thursday, becoming the first Asian to do so.

The Ernst von Siemens Music Foundation and the Bavarian Academy of Fine Arts announced th…