Major South Korean shipbuilder Hanwha Ocean Co. said Monday it has signed a partnership with the American Bureau of Shipping to jointly develop advanced offshore technologies.
Under the agreement, signed during Gastech 2024, an
Seoul shares opened almost flat Monday as investors were paying attention to remarks by the U.S. Federal Reserve officials following a big cut last week.
The benchmark Korea Composite Stock Price Index rose 0.03
South Korea’s exports lost 1.1 percent on-year in the first 20 days of September despite robust sales of semiconductors due mainly to the fewer number of working days and weak demand for automobiles, data
South Korea’s exports lost 1.1 percent on-year in the first 20 days of September, data showed Monday.
Outbound shipments reached US$35.58 billion in the Sept. 1-20 period, compared with $35.97 billion tallied a year
The state-run Korea Electric Power Corp. (KEPCO) said Monday it plans to freeze electricity rates for the fourth quarter.
KEPCO said it will keep the adjusted unit fuel cost — a key part of