"Let's Shape LG's Future with the DNA of Challenge and Change We've had Since Day 1" Highlighting LG's Spirit – the DNA of challenge and change since Day 1 -        "LG's Day 1 spirit of choosing what others wouldn't dare comes from our DNA of challenge and change as we serve our customers. With this spirit, we have built a history of firsts and bests." -        "Creating distinguishe

Seoul shares started over 1.8 percent lower Thursday after the US Federal Reserve cut its rate for the third consecutive time but signaled fewer rate cuts next year. The Korean won opened sharply lower against the US dollar. The benchmark Korea Composite Stock Price Index shed 45.47 points, or 1.83 percent, to 2,438.96 in the first 15 minutes of trading. The Korean won also plummeted to breach 1,450 won per US dollar, reaching a 15-year low. It was trading at 1,450.8 won against the greenback at

The South Korean government pledged to implement a set of measures to stimulate corporate investment despite the recent political disruption sparked by President Yoon Suk Yeol's short-lived martial law declaration. “With the escalated uncertainties surrounding the economy, a sense of crisis has been growing,” Deputy Prime Minister and Finance Minister Choi Sang-mok said at a governmental meeting held at the Government Complex Seoul on Wednesday, joined by other economy-related

Seoul shares dipped nearly 1.3 percent Tuesday on big losses by tech and battery shares sparked by a media report on the incoming Trump administration's push for roll back tax credits for the electric vehicle industry. The Korean won lost ground against the US dollar. The benchmark Korea Composite Stock Price Index fell 32.16 points, or 1.29 percent, to close at 2,456.81. Trade volume was moderate at 547.9 million shares worth 9.03 trillion won ($6.3 billion), with losers surpassing winners

South Korean stocks jumped more than 1.6 percent Thursday, extending their winning streak to the third consecutive session, amid lingering uncertainties over the possible impeachment of President Yoon Suk Yeol due to his botched martial law declaration. The local currency rose slightly against the US dollar. The benchmark Korea Composite Stock Price Index (Kospi) jumped 1.62 percent, or 39.61 points, to close at 2,482.12. Trade volume was moderate at 651.7 million shares worth 11.86 trillion won

Seoul shares opened higher Thursday, tracking overnight gains of US blue chip tech shares backed by US Consumer Price Index data, which cemented bets for another rate cut by the Federal Reserve. The benchmark Korea Composite Stock Price Index added 20.41 points, or 0.84 percent, to 2,462.92 in the first 15 minutes of trading. Overnight, the tech-heavy Nasdaq Composite and the S&P 500 gained ground as investors digested the new US CPI, which was in line with expectations and backed forecasts

Business leaders from South Korea and the United States have urged their governments to address persistent trade barriers and discriminatory policies, emphasizing the urgency of these issues as the incoming Trump administration brings fresh uncertainties in global economic and trade dynamics. The demands were outlined in a joint declaration adopted Tuesday at the 35th Korea-US Business Council meeting in Washington, organized by the Federation of Korean Industries and the US Chamber of Commerce.

Seoul shares opened lower Thursday as investors remain worried over political turmoil after President Yoon Suk Yeol's short-lived attempt at martial law. The benchmark Korea Composite Stock Price Index fell 10.64 points, or 0.43 percent, to 2,453.36 in the first 15 minutes of trading. Late Tuesday, Yoon declared martial law, accusing the main opposition Democratic Party of being "anti-state forces" paralyzing the operation of the nation with impeachment motions and a downsized bud

Under this definitive agreement, the companies will develop prismatic battery cell technology and affiliated chemistries for GM's future EVs The agreement marks an extension of the two companies' successful 14-year battery technology partnership LG Energy Solution to become the first global battery manufacturer to offer all three form factors (pouch-type, cylindrical, prismatic) SEOUL, South Korea, Dec. 3, 2024 /PRNewswire/ -- LG Energy Solution (KRX: 373220) today announced a new

South Korea’s top financial regulator said Monday it would seek to revise the Capital Market Act to protect individual shareholders when listed companies undertake a merger and relist after a corporate spin-off. "We prepared a proposal for the revision of the Capital Market Act with the recognition that the protection of the interests of general shareholders should be strengthened to enhance the value of the capital market," Kim Byoung-hwan, chair of the Financial Services Co

South Korean stocks opened lower Friday, led by declines in big-cap tech shares amid concerns about an economic slowdown. The benchmark Korea Composite Stock Price Index (Kospi) shed 32.29 points, or 1.29 percent, to 2,472.38 in the first 15 minutes of trading. The country's industrial output, retail sales and facility investment all fell on-month in October, deepening concerns about a lack of growth momentum, government data showed. Presenting a bleak growth outlook for 2025, the Bank of K

South Korean stocks ended slightly higher Thursday, despite big-cap tech losses, as investors assessed the Bank of Korea's surprise back-to-back policy rate cut to spur growth. The local currency rose against the US dollar. The benchmark Korea Composite Stock Price Index (Kospi) added 1.61 points, or 0.06 percent, to close at 2,504.67, ending a two-day losing streak. Trade volume was a bit slim at 333.44 million shares worth 7.37 trillion won (US$5.28 billion), with winners outnumbering los

Inspired by the splendor of green hues of the trees as the streetlights shone in the city's avenues during summer nights, the Seoul Metropolitan Government said Thursday it has chosen "green aurora" as the city's color for next year. As the municipal government expands its color palette every year to roll out the city's identity for the coming year, officials explained that the new soft-tone color aims to offer comfort and support to citizens fatigued from their everyday

South Korean stocks opened a tad lower Thursday, tracking overnight losses on Wall Street led by declines in big-cap tech shares. The benchmark Korea Composite Stock Price Index (Kospi) shed 3.05 points, or 0.12 percent, to 2,500.01 in the first 15 minutes of trading. Foreigners were on a selling mode, which offset buying by institutions and retail investors. Overnight, the Dow Jones Industrial Average fell 0.31 percent and the tech-heavy Nasdaq composite slid 0.6 percent as major tech shares lo

South Korean stocks fell Tuesday as investors sat on the sidelines following sharp gains the previous session, with US President-elect Donald Trump vowing tariffs on imports from Canada, Mexico and China. The local currency rose against the US dollar. The benchmark Korea Composite Stock Price Index shed 13.98 points, or 0.55 percent, to close at 2,520.36, ending a two-day winning streak. Trade volume was moderate at 434.77 million shares worth 8.51 trillion won (US$6.09 billion), with winners ou