South Korean stocks got off to a strong start Thursday on hopes for the U.S. Federal Reserve’s possible rate cut after slower-than-expected inflation in the world’s largest economy.
The benchmark Korea Composite Stock Price Index
Asiana Airlines Inc., South Korea’s second-largest carrier, has widened its net loss in the first quarter due to increased operating costs and the weakening of the local currency, the company said Thursday.
Asiana Airlines recorded
South Korea’s trade industry said Thursday it has agreed with the United States to launch an electronic certification system (eCERT) for the export and import processing of steel products.
The agreement will connect the eCERT,
South Korea and the United States will hold their second round of negotiations in Seoul next week on the sharing of the costs for the upkeep of American soldiers stationed here, Seoul officials said Thursday.
North Korean leader Kim Jong-un has visited a newly built school for the country’s ruling party officials, lauding it as a “perfect” facility to ensure the North’s political principles, state media reported Thursday.
Kim’s visit