KT Corp., a major telecom operator in South Korea, said Monday it has reached a deal with a Singaporean postal service firm to join hands in developing a new business model for digital logistics.
Under the memorandum of understanding, KT
South Korean stocks finished slightly higher Monday ahead of key economic data to be released later this week, ending a four-day losing streak. The local currency gained ground against the U.S. dollar.
The benchmark Korea Composite Stock Price Index…
Today (%) Previous Session(%) Change (BP)
1-year TB 3.607 3.562 +4.5
2-year TB 3.891 3.825 +6.6
3-year TB 3.865 3.795 +7.0
10-year TB 3.961 3.895 +6.6
2-year MSB 3.892 3.829 +6.3
3-year CB (AA-) 4.622 4.552 +7.0
91-day CD None
Hyundai Motor Co. said Monday its unionized workers have warned of a partial strike this week to demand higher wages after signing wage deals in the past four years without industrial actions, the company said Monday.
Hyundai Motor workers will
South Korean stocks finished slightly higher Monday ahead of key economic data to be released later this week, ending a four-day losing streak. The local currency gained ground against the U.S. dollar.
The benchmark Korea Composite Stock Price Index…
South Korea’s Prime Minister Han Duck-soo met with Uzbekistan’s foreign minister Sunday and discussed ways to boost bilateral cooperation on energy, key minerals, defense, and a wider range of economic and industry fields, Han’s office said.
During…
President Yoon Suk Yeol pledged Sunday to provide active assistance to South Korean businesses operating in India, the presidential office said.
Yoon made the pledge during a lunch meeting with a dozen executives from the local divisions or affilia…
South Korean President Yoon Suk Yeol and Argentine President Alberto Fernandez agreed Saturday to explore the possibility of the two countries’ joint lithium battery production in the South American nation, Yoon’s office said.The two leaders discussed…
Kia Corp., South Korea’s second-biggest carmaker by sales, said Thursday it has resumed operations at one of its eight domestic plants affected by a fire in its paint shop.
Kia’s No. 3 plant in Hwaseong, just south of Seoul, had
South Korea’s top central banker will attend meetings of the Bank for International Settlements (BIS) to be held in Switzerland early next week, his office said Thursday.
Rhee Chang-yong, head of the Bank of Korea (BOK), will leave for Basel