October 4, 2024

Heavy rain, PEA cuts off power in many areas

The heavy rain, flash floods and flash floods in the northern and northeastern regions have prevented the Provincial Electricity Authority (PEA) from entering the area to fix the distribution system, resulting in power outages in many areas.

PEA rep…

Seoul shares open nearly flat amid geopolitical uncertainties

Seoul stocks opened nearly flat Friday, as investors sat on the sidelines amid the escalating geopolitical tensions in the Middle East.

The benchmark Korea Composite Stock Price Index fell 0.02 percent, or 0.48 point, to 2,561.21 in the first 15 min…