February 13, 2024

Seoul shares open higher amid rate cut hopes

SEOUL, Seoul shares opened higher Tuesday as investors expect the U.S. Federal Reserve to start easing this year due to continued disinflation.

The benchmark Korea Composite Stock Price Index (KOSPI) rose 33.23 points, or 1.27 percent, to 2,653.55 i…

Cabinet approves boards of many agencies

House February 13 – Cabinet approves the board of the A.T.K., Saphan Pla Organization. Digital Development Office Support pushing economic policy

Ms. Kanika Aunjit, Deputy Spokesperson for the Prime Minister’s Office, revealed that at the Cabinet me…

Exports fall 14.6 pct from Feb. 1-10

SEOUL, South Korea’s exports fell nearly 15 percent on-year in the first 10 days of February due mainly to fewer working days, data showed Tuesday.

Outbound shipments reached US$15.01 billion in the Feb. 1-10 period, compared with $17.57 billion tal…