July 11, 2024

(LEAD) Exports soar 34 pct from July 1-10 on strong chip sales

South Korea’s exports jumped 33.8 percent on-year in the first 10 days of July on strong global demand for semiconductors, data showed Thursday.

Outbound shipments reached US$17.75 billion in the July 1-10 period, compared with $13.26 billion tallied…

Seoul shares open higher on Powell’s comments

Seoul shares opened higher Thursday as Wall Street rallied after Federal Reserve Chairman Jerome Powell said the central bank will not wait until inflation “gets all the way down to 2 percent” for a rate cut.

The benchmark Korea Composite Stock Price…

Hyundai Motor to launch GV60 Magma SUV in S. Korea next year

Hyundai Motor Co. said Thursday it will launch the GV60 Magma SUV in South Korea next year as it beefs up high-performance models.

The GV60 Magma will be the first model under the Genesis Magma program, which was officially launched at the Genesis sh…

Exports soar 34 pct during first 10 days of July

South Korea’s exports jumped 33.8 percent on-year in the first 10 days of July, data showed Thursday.

Outbound shipments reached US$17.75 billion in the July 1-10 period, compared with $13.26 billion tallied a year earlier, according to the data from…