SEOUL– Hyundai Heavy Industries Co. closed 86 percent higher from its initial public offering (IPO) price, backed by foreign and retail investors.Hyundai Heavy closed at 111,500 won (US$947) after reaching an intraday high of 135,000 won, 86 percent h…
SEOUL– Enzychem Lifesciences Corp.on Friday announced that it will sell stocks to raise 316.4 billion won(US$269.3 million). The proceeds from the stock offering will be used primarily to pay off its debts.According to a regulatory filing, the company…
SEOUL– South Korean stocks closed higher Friday ahead of a three-day holiday as investors weighed the pace of the economic recovery from the pandemic. The Korean won fell against the U.S. dollar.The benchmark Korea Composite Stock Price Index (KOSPI) …
Today (%) Previous Session(%) Change (BP)1-year TB 1.082 1.078 +0.42-year TB 1.402 1.394 +0.83-year TB 1.535 1.510 +2.510-year TB 2.068 2.043 +2.52-year MSB 1.381 1.364 +1.73-year CB (AA-) 1.978 1.958 +2.091-day CD 1.010 1.010 0.0Source: Yonhap News Ag…
SEOUL– South Korea on Friday achieved its goal of inoculating over 70 percent of the country’s population earlier than scheduled amid its accelerating vaccination drive.A total of 36 million people have received their first shots of COVID-19 vaccines …
SEOUL– Eastar Jet Co., a debt-ridden South Korean budget carrier, said Friday it has submitted restructuring plans to a bankruptcy court to finalize an acquisition deal with a local property developer, aiming to resume flights next year.Eastar Jet sub…
SEOUL– K-pop boy band NCT 127 released their third studio album “Sticker” Friday, offering a mix of genres from hip-hop and R&B to pop and dance in a total of 11 tracks.In an online press conference ahead of the release, the nine-piece act said they w…
SEOUL– Four Army soldiers and four airmen have tested positive for the new coronavirus, raising the total caseload reported among the military population to 1,681, the defense ministry said Friday.Three airmen in the eastern coastal city of Gangneung …