General

(EDITORIAL from Korea JoongAng Daily on July 8)

The governing People Power Party (PPP) is stuck in a strange mud fight with less than three weeks left before the national convention to elect its new leadership. It was triggered by a text message first lady Kim Keon-hee allegedly sent to then-PPP i…

Seoul shares end 3-day winning streak on profit-taking

Seoul shares closed lower to snap their three-day rise Monday as investors moved to lock in profits. The local currency fell against the U.S. dollar.

The benchmark Korea Composite Stock Price Index (KOSPI) fell 4.47 points, or 0.16 percent, to 2,857…