SEOUL– South Korean stocks snapped their two-day winning streak Tuesday, weighed down by concerns about rate hikes and slower economic growth. The Korean won rose against the U.S. dollar.The benchmark Korea Composite Stock Price Index (KOSPI) retreate…
The government has voiced concerns for a second consecutive month that the economic slowdown could continue in the wake of deteriorating external economic conditions.In its monthly assessment report on Wednesday, the finance ministry said that despite …
SEOUL– President Yoon Suk-yeol met with U.S. Treasury Secretary Janet Yellen on Tuesday and asked her to hold in-depth discussions with Seoul officials on ways to stabilize the foreign exchange market, his office said.Yellen is in the country for talk…
The benchmark Korea Composite Stock Price Index(KOSPI) rose 15-point-88 points, or zero-point-67 percent, on Wednesday, closing the day at two-thousand-386-point-85.The tech-heavy KOSDAQ also rose, gaining eight-point-39 points, or one-point-07 percent…