August 12, 2024

Seoul shares up over 1 pct late Mon. morning on tech rebound

South Korean stocks traded over 1 percent higher late Monday morning as blue chip shares gained ground following last week’s rout.

The benchmark Korea Composite Stock Price Index (KOSPI) had added 26.54 points, or 1.03 percent, to 2,614.97 as of 11:…

Krafton acquires Japan’s Tango Gameworks

Krafton Inc., a South Korean game firm, said Monday it has acquired Tokyo-based game studio Tango Gameworks.

Krafton said it will absorb Tango Gameworks’ developers and the rights to its acclaimed rhythm action combat game Hi-Fi RUSH, according to t…