General

Baseball game canceled due to severe heat for 1st time

Severe heat caused the cancellation of a South Korean baseball game Friday.

The Korea Baseball Organization (KBO) said the regular-season game between the LG Twins and the Lotte Giants scheduled in the southeastern city of Ulsan was scrapped due to …

S. Korea’s consumer prices rise 2.6 pct in July

South Korea’s inflation picked up pace in July though it stayed below 3 percent for the fourth consecutive month, data showed Friday.

Consumer prices, a key gauge of inflation, rose 2.6 percent on-year last month, compared with a 2.4 percent increas…

Seoul shares crash to 2-month low on U.S. slowdown fears

Seoul shares tumbled by more than 3.5 percent on Friday as data fueled concerns over the U.S. economy despite the Federal Reserve’s rate-cut signals. The Korean won fell against the U.S. dollar.

The benchmark Korea Composite Stock Price Index (KOSPI…