Industry

Seoul shares open tad higher amid rate hike woes

South Korean stocks opened marginally higher Monday amid continued concerns over the U.S. Federal Reserve’s additional rate hikes.The benchmark Korea Composite Stock Price Index (KOSPI) rose 4.59 points, or 0.18 percent, to 2,531.3 in the first 15 min…

N. Korea’s mask imports from China plunge 78 pct in May

North Korea’s mask imports from China tumbled 78 percent in May from a month earlier, trade data showed Sunday, as it appears to have recently eased strict COVID-19 restrictions.The North’s mask imports from China stood at US$28,746 in May, the lowest…

Japanese top inbound travelers to S. Korea in January-May period

Japanese topped the list of inbound travelers to South Korea in the first five months of this year, data showed Sunday.A total of 665,611 Japanese nationals visited South Korea between January and May, accounting for 19.2 percent of total inbound trav…

UU P2SK facilitates cooperatives’ business access: Ministry

Jakarta The Cooperatives and Small, Medium Enterprises Ministry stated that after Law Number 4 of 2023 on financial sector development (UU P2SK) has been established, cooperatives can freely engage in financial services businesses.”With the law of fin…