February 27, 2024

Seoul shares end lower ahead of U.S. economic data

South Korean stocks ended more than 0.8 percent lower Tuesday as investors were in cautious mode ahead of the release of major U.S. economic data later this week. The local currency gained ground against the U.S. dollar.

The benchmark Korea Composit…

Homeplus dismisses liquidity concerns after rollover of debts

Homeplus Co., a discount store chain in South Korea, on Tuesday dismissed concerns about its possible liquidity problems following a recent rollover of its debt owed to a local brokerage by June.

Homeplus was scheduled to pay 300 billion won (US$220…

‘My Name is Loh Kiwan’: Finding hope in darkest of times

North Korean defector Loh Ki-wan has his back against the wall. Without shelter or means to make a living, he must convince skeptical strangers of his desperate situation. As much as he is in despair, he is so full of the will to live.

“The movie i…