September 19, 2024

(LEAD) Seoul shares end higher after Fed’s rate cut

– Seoul shares ended higher Thursday as investors cheered the U.S. Federal Reserve’s first rate cut in more than four years. The Korean won fell against the U.S. dollar.

The benchmark Korea Composite Stock Price Index (KOSPI) rose 0.21 percent, or 5…

Army chief discusses arms, defense cooperation in Poland, Romania

– South Korea’s top Army officer has discussed ways to broaden defense and arms industry cooperation during a trip to Poland and Romania, his office said Thursday, amid the South’s ongoing push to boost arms exports.

During the nine-day visit that e…

Army chief discusses arms, defense cooperation in Poland, Romania

– South Korea’s top Army officer has discussed ways to broaden defense and arms industry cooperation during a trip to Poland and Romania, his office said Thursday, amid the South’s ongoing push to boost arms exports.

During the nine-day visit that e…