August 8, 2024

Seoul shares end two-day rise after global sell-off

South Korean stocks ended a two-day rebound after the global crash as investor sentiment was dampened by lingering U.S. recession woes and the sluggish performance of big tech firms. The local currency slightly fell against the U.S. dollar.

The benc…

(EDITORIAL from Korea Herald on Aug. 8)

One hundred Filipina child care workers entered the country Tuesday to participate in the pilot foreign caregiver program pushed jointly by the Seoul Metropolitan Government and the Ministry of Employment and Labor.

They are scheduled to provide chi…

Nexon’s Q2 net profit jumps 63 pct on strong sales

South Korea’s leading online gaming firm Nexon Co. said Thursday its net profit soared 63 percent in the second quarter from a year earlier on robust sales of its franchise games.

Its net profit came to 350.4 billion won (US$254.6 million) for the A…

(Olympics) Park Tae-joon wins gold medal in men’s taekwondo

Park Tae-joon captured gold in the lightest division in men’s taekwondo on Wednesday for South Korea’s first title in its traditional martial at the Paris Olympics.

Park defeated Gashim Magomedov of Azerbaijan 2-0 (9-0, 13-1) in the men’s -58-kilogr…