February 28, 2024

(LEAD) Seoul shares end over 1 pct higher ahead of key U.S. data

South Korean stocks ended higher Wednesday as investors closely awaited key data from the United States later this week. The local currency fell against the U.S. dollar.

The benchmark Korea Composite Stock Price Index (KOSPI) added 27.24 points, or …

Institutions’ foreign securities holdings rise in 2023

South Korean institutions’ investment in foreign securities increased last year as they boosted investments in overseas stocks amid robust earnings from an artificial intelligence and chip-related stock rally and the U.S. economy’s sound growth, cent…

(LEAD) Yoon visits birthplace of former first lady Yook Young-su

President Yoon Suk Yeol visited the birthplace of former first lady Yook Young-su, the assassinated wife of former conservative President Park Chung-hee, on Wednesday, his office said.

Yoon was greeted by a large number of local residents at the hou…

Fertility rate in S. Korea hits another record low of 0.65

South Korea’s total fertility rate fell to a fresh record quarterly low of 0.65 in the fourth quarter of 2023, data showed Wednesday, deepening demographic woes in the country struggling with rapid aging and a fast declining birthrate.

The average n…

Population mobility rises by most in 3 years in Jan.

The number of South Koreans who moved to different residences in the country rose by the most in three years last month amid rising home transactions, data showed Wednesday.

Around 597,000 people changed residences last month, up 18 percent from a y…