July 19, 2024

Seoul shares dip for 3rd straight session on Wall Street losses

Seoul shares fell for the third straight session Friday in line with overnight losses on Wall Street. The local currency fell against the U.S. dollar.

The benchmark Korea Composite Stock Price Index (KOSPI) tumbled 28.89 points, or 1.02 percent, to …

Foreign currency deposits snap 5-month fall in June

Foreign currency deposits rose in June to end a fifth straight month of decline as companies saved more U.S. dollar-denominated currency for import settlements and overseas investments, central bank data showed Friday.

Residents’ outstanding foreign…