Seoul, April 13 (IANS) South Korean stocks traded lower on Monday as investor concerns grew over a prolonged conflict in the Middle East after the U.S.-Iran peace talks failed to make progress, while U.S. President Donald Trump threatened a blockade of the Strait of Hormuz.The benchmark Korea Composite Stock Price Index (KOSPI) fell 68.15 points, or 1.16 percent, to 5,790.72 as of 11:20 am (local time), reports Yonhap news agency.President Trump announced a blockade of Iranian ports following ma…
Latest CJ Cheiljedang News & Updates
Seoul, March 6 (IANS) The antitrust regulator said on Friday it has begun reviewing possible penalties for four companies that allegedly colluded to set prices of sweeteners for more than seven years.Inspectors at the Fair Trade Commission (FTC) have wrapped up their six-month probe into the case and concluded that the companies formed a cartel to fix prices of starch sugar products from May 2018 to October 2025, according to FTC officials.The companies are Daesang, SajoCPK, Samyang and CJ Cheil…