News
Bourse operator issues circuit breaker for KOSPI on sharp fall
37+ min ago (115+ words) SEOUL, July 13 (Yonhap) -- South Korea's bourse operator on Monday activated a circuit breaker for the benchmark Korea Composite Stock Price Index (KOSPI) after stocks tumbled amid renewed tensions in the Middle East. Trading of KOSPI-listed shares was halted for 20 minutes....
Yonhap News Summary
37+ min ago (390+ words) The following is the first summary of major stories moved by Yonhap News Agency on Monday. ■ Seoul shares sharply down late Mon. morning amid Middle East tensions SEOUL -- Seoul shares extended losses late Monday morning, led by falls in chipmakers,…...
3 major department stores post record H1 foreign sales amid K-wave
1+ hour, 31+ min ago (323+ words) SEOUL, July 13 (Yonhap) -- South Korea's three major department store chains said Monday they posted record first-half sales from foreign shoppers, driven by the growing popularity of Korean fashion and other K-content. In the January-June period, foreign purchases at Hyundai Department…...
Hyundai Rotem acquires NATO quality assurance certificate for 1st time
1+ hour, 59+ min ago (151+ words) SEOUL, July 13 (Yonhap) -- The state-run defense agency in charge of quality assurance has... SEOUL, July 13 (Yonhap) -- The state-run defense agency in charge of quality assurance has awarded Hyundai Rotem Co. a certificate for quality management standards required by the North…...
Exports up 54 pct in first 10 days of July
5+ hour, 3+ min ago (113+ words) Yonhap News Agency SEOUL, July 13 (Yonhap) -- South Korea's exports jumped 53.9 percent from a year earlier in the first 10 days of July, data showed Monday. Outbound shipments reached US$29.8 billion in the July 1-10 period, compared with $19.3 billion tallied in the same…...
Lotte Mart opens 16th store in Vietnam
23+ hour, 21+ min ago (144+ words) SEOUL, July 12 (Yonhap) -- Lotte Mart, one of South Korea's leading supermarket chains, has opened its 16th store in Vietnam as it accelerates its expansion in Southeast Asia, its operator said Sunday. The new store in Tay Ninh, which opened Thursday, marks…...
Eco-friendly cars account for half of new car registrations in H1
1+ day, 3+ hour ago (252+ words) SEOUL, July 12 (Yonhap) -- Eco-friendly vehicles accounted for half of new car registrations in South Korea in the first half of this year, driven by a sharp increase in electric vehicle (EV) sales, an auto market tracker said Sunday. It marked…...
Creditors OK debt workout scheme for JoongAng Ilbo
2+ day, 18+ hour ago (203+ words) SEOUL, July 10 (Yonhap) -- JoongAng Ilbo Co., a major South Korean newspaper publisher, has won approval for a creditor-led debt workout program, industry sources said Friday. Main creditor Hana Bank and other lenders reached the decision after consultations. On June 19, JoongAng…...
Gov't reviews support for workers of troubled supermarket chain Homeplus
2+ day, 22+ hour ago (241+ words) SEJONG, July 10 (Yonhap) -- The government has reviewed the progress in rolling out supportive measures for workers of the troubled supermarket chain Homeplus Co. after a court decided to terminate its rehabilitation proceedings, the finance ministry said Friday. First Vice Finance…...
KRX activates buy-side sidecar for KOSPI on sharp rise
3+ day, 50+ min ago (146+ words) SEOUL, July 10 (Yonhap) -- South Korea's bourse operator on Friday activated a buy-side sidecar for the benchmark Korea Composite Stock Price Index (KOSPI) as the stock index sharply rose, led by a semiconductor rally. Program trading for the KOSPI-listed shares was…...