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(EDITORIAL from Korea JoongAng Daily on July 22)

The national convention of the Democratic Party (DP) to elect its new leadership is going in a strange direction. Party members give overwhelming support to former DP leader Lee Jae-myung, who is rebidding for the chairmanship of the majority party. …

(LEAD) Exports rise 18.8 pct during first 20 days of July

South Korea’s exports rose 18.8 percent on-year in the first 20 days of July, data showed Monday, on the back of the robust performance of chips and cars.

Outbound shipments reached US$37.17 billion in the July 1-20 period, compared with $31.2 billi…

Laos declares national mourning for Vietnam’s Party leader

Laos is scheduled to observe a national mourning for General Secretary of the Communist Party of Vietnam Central Committee Nguyen Phu Trong on July 25 and 26, Minister and head of the Lao Prime Minister’s Office Bouakhong Nammavong announced at a pre…

Seoul shares open lower on battery, energy stock losses

Seoul shares started lower Monday as most blue chips across the board retreated, led by battery and energy-related stock losses.

The benchmark Korea Composite Stock Price Index dipped 5.57 points, or 0.2 percent, to 2,789.89 in the first 15 minutes …