SEOUL– South Korean stocks closed higher Tuesday, snapping a two-day losing streak, on optimism over corporate earnings amid lingering concerns about the potential economic impact from the widely expected U.S. monetary tightening. The local currency f…
SEOUL– Global credit appraiser S&P Global Ratings said Tuesday it has maintained its credit rating on South Korea at “AA,” with a stable outlook.S&P has kept South Korea’s long-term sovereign credit rating at “AA”, the third-highest level on t…
SEOUL– One American ace prevailed over the other in a highly-anticipated pitching matchup that didn’t live up to the hype Tuesday.Robert Stock pitched the Doosan Bears to an 8-4 victory over the NC Dinos at Jamsil Baseball Stadium in Seoul by holding …
The economy grew less than one percent in the first quarter as the omicron wave, supply disruptions and the war in Ukraine pulled down consumption and investment.The Bank of Korea said on Tuesday that the country’s gross domestic product(GDP) is estima…
A new survey finds that nearly half of all foreign respondents had interest in traveling to South Korea within the next three years.The Korea Tourism Organization on Tuesday unveiled results of its survey conducted last year on some 30-thousand people …
The benchmark Korea Composite Stock Price Index(KOSPI) rose eleven-point-18 points, or zero-point-42 percent, on Tuesday, closing the day at two-thousand-668-point-31.The tech-heavy KOSDAQ also rose, gaining eleven-point-32 points, or one-point-26 perc…
SEOUL– South Korea’s daily new coronavirus cases jumped to over 80,000 on Tuesday as most of the country’s virus restrictions are lifted amid the slowdown of the omicron wave.The country added 80,361 new COVID-19 infections, including 16 cases from ov…
The government projects the number of new daily COVID-19 infections to fall below 40-thousand in May, while also predicting that the number of critically ill patients will fall below five-hundred in the next two weeks.The projection comes as the Centra…