July 29, 2024

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Seoul shares open higher on hope for U.S. rate cut

Seoul shares opened higher Monday on hope for the U.S. Federal Reserve’s rate cut and earnings releases of major tech firms this week.

The benchmark Korea Composite Stock Price Index (KOSPI) rose 27.62 points, or 1.01 percent, to 2,759.52 in the fir…

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Kia unveils teaser images for upcoming face-lifted K8 sedan

Kia Corp., South Korea’s second-largest automaker, unveiled teaser images for the company’s upcoming revamped K8 sedan Monday.

The teaser spotlights the silhouette of the front and rear lights of the newly designed K8 sedan. The original K8 was firs…