July 22, 2024

(LEAD) Seoul shares fall over 1 pct as chip stocks slip

Seoul shares fell more than 1 percent Monday, hit by declines in semiconductor stocks. The local currency fell against the U.S. dollar.

The benchmark Korea Composite Stock Price Index (KOSPI) tumbled 31.95 points, or 1.14 percent, to close at 2,763….

Hyundai Motor Group’s U.S. EV sales jump 60.8 pct on-year in H1

Hyundai Motor Group’s electric vehicle sales in the United States during the first six months of the year jumped by 60.8 percent from a year ago, according to an industry report Monday.

According to the U.S. automotive market analysis report by the …