The 75th Cannes Film Festival’s Critics’ Week will feature South Korean film “Next Sohee” as its closing film, according to the movie’s production company Twin Plus Partners.Directed by Jung July, “Next Sohee” is a gripping feminist crime film starring…
SEOUL– South Korean shipyard Korea Shipbuilding & Offshore Engineering Co. (KSOE) said Thursday it has bagged a 278.3 billion-won (US$225 million) order to build a liquefied natural gas (LNG) carrier.Under the deal with an undisclosed European shipper…
Today (%) Previous Session(%) Change (BP)1-year TB 1.991 1.997 -0.62-year TB 2.719 2.758 -3.93-year TB 2.927 2.957 -3.010-year TB 3.296 3.313 -1.72-year MSB 2.734 2.747 -1.33-year CB (AA-) 3.647 3.662 -1.591-day CD 1.720 1.720 0.0Source: Yonhap News Ag…
SEOUL– South Korean shares closed higher on Thursday as institutional investors picked up large-cap chipmakers. The Korean won weakened against the U.S. dollar.After a choppy session, the benchmark Korea Composite Stock Price Index (KOSPI) went up 9.5…
SEOUL– Samsung Heavy Industries Co., the world’s third-largest shipbuilder by orders, said Thursday it will sell four drill ships to take advantage of higher oil prices.Samsung Heavy plans to sell four drill ships to a private equity fund (PEF) operat…
SEOUL– Korean Air Lines Co., South Korea’s national flag carrier, said Thursday it was slapped with a fine of 110 billion won (US$89 million) in Russia due to the omission of its departure process at a Moscow airport a year ago.Russia’s customs author…
SEOUL– A fire was detected at the now suspended Kaesong industrial complex, an inter-Korean factory park inside North Korea, on Thursday afternoon and was put out an hour later, the unification ministry said.South Korea detected the fire at around 2 p…
Exports rose by nearly 17 percent on-year in the first 20 days of April.According to tentative data from the Korea Customs Service on Thursday, the country’s outbound shipments stood at 36-point-three billion U.S. dollars in the cited period, up 16-poi…