Seoul shares open lower on Fed minutes

South Korean stocks opened lower Thursday, tracking overnight losses on Wall Street spooked by hawkish tones in the latest minutes of the U.S. Federal Reserve.

The benchmark Korea Composite Stock Price Index shed 15.57 points, or 0.57 percent, to 2,7…

(EDITORIAL from Korea Times on May 23)

President Yoon Suk Yeol has sparked a major controversy by vetoing a motion to appoint a special counsel to investigate the death of a Marine involved in a rescue mission. The presidential veto came 19 days after the opposition-initiated motion was ap…

(EDITORIAL from Korea JoongAng Daily on May 23)

The government has changed its position on “issuing driver’s license to senior citizens” in just a day. On Tuesday, it announced a plan to issue the license to them with strings attached, but on the following day, it changed “senior citizens” to “peop…