Seoul shares open lower on Wall Street losses
South Korean shares opened lower Wednesday, tracking overnight losses on Wall Street. The benchmark Korea Composite Stock Price Index (Kospi) shed 12.28 points, or 0.44 percent, to 2,762.01 in the first 15 minutes of trading. Overnight, the Dow Jones Industrial Average lost 57.35 points, or 0.14 percent, to close at 40,358.09, with the Nasdaq slipping 10.22 points, or 0.06 percent, to 17,997.35. In Seoul, large caps ...
[Graphic News] S. Korea’s food exports up 5.2% in H1
South Korea’s exports of food and related goods rose 5.2 percent on-year in the first half of 2024, data showed, led by the popularity of instant noodles and processed rice products. Outbound shipments of the food segment known as “K-Food Plus” reached $6.21 billion, compared with $5.9 billion posted a year earlier, according to the Ministry of Agriculture, Food and Rural Affairs. K-Food Plus encomp...