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Kia launches face-lifted Sorento SUV in S. Korea

Kia Corp., South Korea’s second-biggest carmaker by sales, on Thursday launched the face-lifted Sorento in the domestic market to beef up its SUV lineup.The upgraded Sorento comes with a 2.5-liter gasoline turbocharged, a 2.2-liter

Import prices up in July on higher oil prices

South Korea’s import prices rose in July largely due to the higher price of crude oil, central bank data showed Thursday.The import price index rose 0.4 percent last month from a month earlier, following

Seoul shares down late Mon. morning on tech losses

South Korean stocks traded lower late Monday morning, led by big-cap tech losses, as investor sentiment remains weak ahead of major economic data.The benchmark Korea Composite Stock Price Index (KOSPI) had lost 24.21 points,