October 2, 2024

(LEAD) Seoul shares dip for 3rd day amid Middle East tensions

Seoul shares closed lower for the third consecutive day Wednesday as investors sat on the sidelines amid the escalating tension in the Middle East following Iran’s massive missile attack against Israel. The local currency fell against the U.S. dollar…

FDI pledges to S. Korea hit fresh record through Q3

Foreign direct investment (FDI) pledges to South Korea jumped 5.2 percent over the January-September period, data showed Wednesday, driven by the robust performance of the manufacturing sector.

South Korea received US$25.18 billion in FDI commitment…

Hyundai’s Sept. sales fall 3.7 pct on weak overseas demand

Hyundai Motor Co., South Korea’s biggest carmaker, said Wednesday its sales fell 3.7 percent last month from a year earlier on weak overseas demand.

Hyundai Motor sold 343,824 vehicles in September, down from 357,133 units a year earlier, the compan…