Korea Joongang Daily
Korea JoongAng Daily

Kospi opens slightly lower as tech sell-off hits Wall Street

Shares opened a tad lower Thursday, tracking overnight losses on Wall Street led by declines in big-cap tech shares.

2024-11-28

Kospi sheds 0.7% on concerns over chip subsidies

The benchmark Kospi shed 17.3 points, or 0.69 percent, to close at 2,503.06 on concerns over canceled subsidies for chip firms under the incoming Donald Trump administration.

2024-11-27

Korea's tallest skyscraper posted as collateral as owner fights liquidity crunch rumors

Lotte Holdings plans to boost shareholder returns by increasing cash dividends and considering treasury stock cancellation, following liquidity concerns linked to Lotte Chemical.

2024-11-27

Kospi opens lower as chipmakers lead declines over U.S. policy uncertainty

Shares opened lower Wednesday, led by chipmakers, amid uncertainties surrounding the U.S. semiconductor policy under the new Donald Trump administration.

2024-11-27

Women of Hana ride the WAVEs of empowerment

Hana Financial Group employees take a photo with Chairman Ham Young-joo during the 2024 Hana WAVEs Conference.

2024-11-26

Korea's crypto tax up for debate as deadline approaches, again

With a planned tax on cryptocurrency gains, championed by Korea's main opposition party, slated to take effect in just over a month, digital assets have emerged as the latest point of contention in the country's political arena.

2024-11-26

Kospi sheds 0.55% as new Trump tariff threat spooks investors

The Kospi shed 13.98 points, or 0.55 percent, to close at 2,520.36 as tariff threats for Canada and Mexico by U.S. President-elect Donald Trump spook investors.

2024-11-26

Korean insurers see 13% profit boost on strong sales and investments

Insurance companies in Korea saw their combined net profit surge 13 percent in the first nine months of the year on the back of increased sales and investment returns, data showed Tuesday.

2024-11-26

Kospi opens lower as auto and financial shares weigh on gains

Shares opened lower Tuesday, despite overnight U.S. rallies, led by losses in auto and financial shares.

2024-11-26

Kospi gains 1.32% as Trump's treasury pick sparks optimism over tariffs

The Kospi added 33.1 points, or 1.32 percent, to close at 2,534.34 on optimism over tariffs on the back of U.S. President-elect Donald Trump's treasury secretary pick.

2024-11-25