February 23, 2024

Hyundai Motor chief pledges to invest US$1.1 bln in Brazil by 2032

The head of Hyundai Motor Co., South Korea’s leading automaker, recently visited Brazil and has pledged to invest $US1.1 billion in the South American nation by 2032, according to the company Friday.

During a courtesy call to Brazilian President Lui…

Seoul shares start higher on Wall Street rally

South Korean stocks got off to a strong start Friday following an overnight rally on Wall Street.

The benchmark Korea Composite Stock Price Index (KOSPI) gained 20.45 points, or 0.77 percent, to 2,684.72 in the first 15 minutes of trading.

In the U…

Gov’t raises health care crisis level to ‘serious’

The government raised its four-scale health care service crisis gauge to the highest level of “serious” Friday in response to the departure of doctors in their collective action against the planned increase in the medical school admission quota.

In …