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September 2, 2024

Seoul shares nearly flat late Mon. morning

South Korean shares trimmed earlier losses to trade nearly flat late Monday morning.

The benchmark Korea Composite Stock Price Index (KOSPI) slipped 0.28 point, or 0.01 percent, to 2,674.03 as of 11:20 a.m.

The

14 troubled public firms to slash 32 tln won of debt by 2026

The finance ministry said Monday it will push to reduce 32.1 trillion won (US$24.01 billion) of debt incurred by 14 financially troubled public companies combined by 2026 through asset sales and organization restructuring.

According