General

Seoul shares open tad higher ahead of key U.S. data

SEOUL: Seoul shares opened a tad higher Friday ahead of the release of the Federal Reserve’s preferred gauge of inflation.

The benchmark Korea Composite Stock Price Index (KOSPI) added 2.61 points, or 0.09 percent, to 2,786.67 in the first 15 minutes…

General

Keeping good 2-way relations between S. Korea, U.S., Japan vital for stronger trilateral cooperation: FM

SEOUL: Foreign Minister Cho Tae-yul highlighted Friday that maintaining good bilateral relations among South Korea, the United States and Japan, especially Seoul-Tokyo ties, is vital to cementing their trilateral cooperation framework.

Cho made the r…

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(LEAD) Industrial output falls 0.7 pct in May

SEOUL: South Korea’s industrial output fell in May from a month earlier, as losses in the automobile sector offset gains in the semiconductor segment, with retail sales and facility investment losing ground as well, data showed Friday.

Industrial out…