South Korea

Shares rise over 2 per cent in Seoul

Seoul Stock ExchangeSeoul - Shares surged 2.2 per cent Thursday on

South Korean chipmaker Hynix to close US plant

Seoul - The South Korean semiconductor manufacturer Hynix plans to close a factory in the US state of Oregon by the end of September because of a steep decline in the price of memory chips, the co

South Korean LG Electronics posts profits up in second quarter

LGSeoul  - South Korean concern LG Electronics posted profits for the second quar

Shares gain over 3 per cent in Seoul

Seoul - Shares rallied Monday on the Seoul stock exchange as lower oil prices prompted investors to hunt for bargains after recent losses. 

Seoul shares fall more than 3 per cent

Seoul - Shares plunged more than 3 per cent Tuesday on the Seoul stock exchange on heavy foreign selling as worries over a credit crunch in the US intensified. 

South Korea to recall ambassador to Japan in dispute over islets

Seoul - South Korea said Monday that it would recall its ambassador to Japan in protest of Japan's renewed claims on a group of South Korean-administered islets in the Sea of Japan, also known as t

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