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Seoul shares close lower ahead of FOMC minutes release

South Korean stocks finished lower Wednesday with investors waiting for the release of the minutes of the US Federal Open Market Committee's January meeting. The local currency rose against the US dollar. After starting marginally higher, the benchmark Korea Composite Stock Price Index lost 4.48 points, or 0.17 percent, to close at 2,653.31. Trade volume was moderate at 551.7 million shares worth 8.9 trillion wo.

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Seoul shares fall for 6th day amid US rate hikes, China woes

South Korean stocks fell for the sixth consecutive session Friday to a three-month low on concerns about the Federal Reserve's continued push for aggressive monetary tightening and risks in the Chinese property sector and the broader economy. The local currency rose against the US dollar. The benchmark Korea Composite Stock Price Index shed 15.35 points, or 0.61 percent, to close at 2,504.50. It was the lowest l.

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Samsung, Apple to compete in smartphone market with the release of new foldable phones

EconoTimes is a fast growing non-partisan source of news and intelligence on global economy and financial markets, providing timely, relevant, and critical insights for market professionals and those who want to make informed investment decisions.

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Coupang Losses Widen on Soaring Costs to Fend Off Rivals

Coupang Losses Widen on Soaring Costs to Fend Off Rivals
businessoffashion.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businessoffashion.com Daily Mail and Mail on Sunday newspapers.

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Vaccine shortage pushing up SK Bioscience shares

Vaccine shortage pushing up SK Bioscience shares
koreatimes.co.kr - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from koreatimes.co.kr Daily Mail and Mail on Sunday newspapers.

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