General

Gov’t vows support for exports of electric equipment

Industry Minister Ahn Duk-geun said Thursday the ministry plans to offer 2.7 trillion won (US$1.94 billion) in trade finance for exports of electric equipment to foster the sector as a new growth engine.

Ahn announced the plan during his visit to the…

(LEAD) Seoul shares rise over 1 pct on rate-cut hope

South Korean stocks finished more than 1 percent higher to hit this year’s high Thursday as investor sentiment was boosted by revived hopes for a rate cut in the United States and Samsung Electronics’ upcoming earnings guidance.

The benchmark Korea …