Day: February 27, 2024

Seoul shares open lower ahead of key U.S. economic data

South Korean stocks started lower Tuesday as investors took a cautious mode ahead of major U.S. economic data releases later this week, including the Federal Reserve’s preferred measure of inflation.

The benchmark Korea Composite Stock Price Index (…

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Kolon Industries turns to loss in Q4

Kolon Industries Inc. on Tuesday reported its fourth-quarter net loss of 8 billion won (US$6 million), turning from a profit of 25.5 billion won a year earlier.

The company said in a regulatory filing that operating income for the October-December p…

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