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POSCO Holdings to cancel 2 tln won worth of shares by 2026

POSCO Holdings Inc., the holding firm of South Korea’s leading steelmaker POSCO Group, said Friday it will cancel 2 trillion won (US$1.45 billion) worth of stocks by 2026.

POSCO Holdings plans to cancel 5.25 million shares worth 1.9 trillion won and…

S. Korea, U.S. wrap up 5th round of talks on defense cost sharing

South Korea and the United States ended another round of negotiations Friday on determining Seoul’s share of the cost for stationing the U.S. Forces Korea (USFK), an official said.

The three-day fifth round of the talks on renewing the Special Measu…

Samsung chief Lee visits India: source

Samsung Electronics Co. Chairman Lee Jae-yong has been on a visit to India to review the company’s local operations and meet with business partners, a source close to the matter said Friday.

Lee arrived in Mumbai on Thursday, according to the source…