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Today in Korean history Date: 04-Sep-23

1966 — The first contingent of the “White Horse” division lands in South Vietnam, becoming the first South Korean military unit to take part in the Vietnam War.1973 — The first subway line in Pyongyang, North Korea’s capital, opens for service.1985 …

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Seoul shares almost flat in late Mon. morning trade

South Korean stocks traded nearly flat late Monday morning, with oil refiners and metal stocks extending gains while IT service blue chips and insurers lost ground.The benchmark Korea Composite Stock Price Index (KOSPI) had added 2.68 points, or 0.1 p…

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Online shopping up 9.1 pct on soaring travel demand

Online shopping in South Korea increased 9.1 percent on-year in July from a year earlier, data showed Monday, as the demand for travel services continues to recover to pre-pandemic normalcy.The value of online shopping transactions amounted to 18.9 tr…

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Banks’ average capital ratio inches up in Q2

South Korean banks saw their financial health improve in the second quarter from three months earlier despite a rise in risk-weighted assets largely thanks to their quarterly net profit and additional issuance of subordinated bonds, preliminary data s…

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