Kia Corp., South Korea’s second-biggest carmaker by sales, said Thursday it has resumed operations at one of its eight domestic plants affected by a fire in its paint shop.
Kia’s
South Korea’s top central banker will attend meetings of the Bank for International Settlements (BIS) to be held in Switzerland early next week, his office said Thursday.
Rhee Chang-yong, head
South Korea’s financial regulator on Thursday asked foreign securities firms to beef up efforts to prevent illegal stock short selling amid an increase in such cases.
The Financial Supervisory Service
Seoul shares extended losses late Thursday morning as investors remain cautious on whether the U.S. Federal Reserve will raise rates further this year following better-than-expected economic data.
The benchmark Korea
Seoul shares opened lower Thursday, tracking losses on Wall Street, as better-than-expected U.S. economic data bolstered the case for the Federal Reserve to raise interest rates further this year.
The
South Korea’s finance ministry said Thursday it has issued yen-denominated foreign exchange stabilization bonds worth 70 billion yen (US$473.5 million).
It marked the first time for South Korea to issue
Jungkook, a member of K-pop juggernaut BTS, will headline 2023 Global Citizen Festival, a large-scale U.S. charity concert set to be held this month, the group’s agency said Thursday, citing
South Korean President Yoon Suk Yeol held a series of bilateral meetings with the leaders of Cambodia, Laos, the Philippines and Singapore on Thursday as he sought to expand cooperation
