Day: May 2, 2024

Seoul shares snap 3-day rise after FOMC decision

South Korean stocks fell slightly Thursday following the U.S. Federal Reserve’s decision to hold the key rate flat. The Korean won rebounded against the U.S. dollar.

The benchmark Korea Composite Stock Price Index (KOSPI) lost 8.41 points, or 0.31 pe…

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Green Cross remains in red in Q1

Green Cross Corp. on Thursday reported its first-quarter net loss of 30.7 billion won (US$22.3 million), remaining in the red compared with a year ago.

The company said in a regulatory filing that it continued to post an operating loss

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