September 3, 2024

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Seoul shares slightly up late Tue. morning

South Korean stocks traded slightly higher late Tuesday morning as investors took to the sidelines ahead of important U.S. data.

The benchmark Korea Composite Stock Price Index (KOSPI) gained 5.45 points, or 0.20 percent, to 2,686.45 as of 11:20 a.m…

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POSCO International buys stake in Australian mining firm

POSCO International, a major South Korean trading firm, said Tuesday it has inked an agreement to purchase shares in an Australian mining firm for US$40 million to secure a supply of graphite from a Tanzanian mine.

POSCO International signed the ag…