August 13, 2024

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

South Korean stocks opened slightly higher Tuesday as investors are awaiting the release of major U.S. economic data due later this week.

The benchmark Korea Composite Stock Price Index (KOSPI) rose 5.8 points, or 0.22 percent, to 2,624.10 in the fi…

(EDITORIAL from Korea Times on Aug. 13)

A recent fire in the basement parking lot of an apartment complex in Incheon, caused by a Mercedes-Benz EQE electric sedan, is fueling a growing anxiety akin to “electric vehicle (EV) phobia.” The blaze caused at least 10 billion won ($7.33 million) …