February 29, 2024

Tax revenue rises 3 tln won in Jan. after record shortfall

South Korea’s tax revenue increased 3 trillion won (US$2.25 billion) in January from a year earlier following a massive shortfall the previous year, the finance ministry said Thursday.

The tax revenue came to 45.9 trillion won last month, compared wi…

Meta CEO discusses AI, XR with S. Korean startups

Mark Zuckerberg, founder of Facebook and CEO of Meta Platforms Inc., has met with representatives of Korean artificial intelligence (AI) and extended reality (XR) startups in Seoul to discuss Meta’s vision in the areas, industry sources said Thursday….

Seoul shares down late Thurs. morning

South Korean stocks continued to trade lower late Thursday morning due to losses from tech and pharmaceutical shares.

The benchmark Korea Composite Stock Price Index (KOSPI) fell 9.34 points, or 0.35 percent, to 2,642.95 as of 11:20 a.m.

Top tech gi…