South Korean shares opened higher Tuesday, helped by large cap gains amid growing hopes for a U.S. rate cut. The benchmark Korea Composite Stock Price Index (KOSPI) added 12.33 points, or 0.46 percent, to 2,693.33 in the first 15 minutes of trading. The index has closed higher for two consecutive sessions, with a growing number of investors expecting the United

South Korea’s consumer prices slowed to the lowest level in nearly 3 1/2 years in August on easing prices of farm produce and global oil, data showed Tuesday. Consumer prices, a key gauge of inflation, rose 2 percent on-year last month, compared with a 2.6 percent on-year rise a month earlier, according to the data from Statistics Korea. August’s figure

The following is the weather forecast for South Korea’s 12 major cities at 9:01 a.m. Tuesday. Temperature (C) Condition Possibility High/Low of Rain (%) Seoul 31/22 Cloudy 30 Incheon 30/23 Cloudy 30 Suwon 30/22 Cloudy 30 Cheongju 31/24 Cloudy 30 Daejeon 31/23 Cloudy 30 Chuncheon 30/19 Cloudy 20 Gangneung 28/21 Cloudy 0 Jeonju 32/24 Rain 30 Gwangju 31/23 Rain 60

Casper Electric, the new entry-level mini SUV model from Hyundai Motor Co., made a strong debut last month to become the company’s bestselling electric vehicle model in South Korea, according to industry data Tuesday. The combined domestic sales of Hyundai Motor EVs, including the Casper Electric, Kona Electric, Ioniq 5, Ioniq 6 and Nexo, in August totaled 3,676 units. Casper

The government on Tuesday designated Armed Forces Day on Oct. 1 as a temporary holiday this year to boost troop morale and domestic consumption. A motion to designate the holiday was passed during a Cabinet meeting and will be sent to President Yoon Suk Yeol for approval. The designation, which came at the request of the ruling People Power Party,

Ryu Hae-ran, the latest LPGA Tour winner from South Korea, has reached her career-high 11th in the world rankings. Fresh off her victory at the inaugural FM Championship outside Boston on Sunday (local time), Ryu jumped seven spots to No. 11 in the latest rankings released Monday. Ryu has 4.57 average points. Ryu, the 2023 LPGA Rookie of the Year,

South Korea has picked up its third gold medal of the Paris Paralympics while collecting four other medals in and around the French capital. Jeong Ho-won grabbed the gold medal in the men’s individual boccia (BC3) event by beating Daniel Michel of Australia 5-2 at South Paris Arena 1 on Monday. South Korea has now won at least one boccia

After soaring to new heights in her career with her 2022 hit “Event Horizon,” singer-songwriter Younha is now setting her sights on Earth with her seventh full-length album, “Growth Theory.” During a group media interview Monday, Younha shared the inspiration behind her latest work, which delves into the Earth’s oceans and its diverse living creatures. The journey to “Growth Theory”