Seoul, March 23 (IANS) Samsung Electronics said on Monday it has begun supporting compatibility between the Android file-sharing platform Quick Share and Apple’s AirDrop, allowing Galaxy S26 smartphone users to exchange photos across different devices.The South Korean tech giant said the update, available to Galaxy S26 series users starting Monday, will enable users to exchange files with iPhones powered by iOS, reports Yonhap news agency.While Quick Share and AirDrop are both based on Bluetoo…
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Seoul, March 19 (IANS) South Korean shares traded nearly 2 per cent lower on Thursday on heightened market volatility sparked by escalating tensions in the Middle East and uncertainties surrounding the United States’ monetary policy direction, despite its rate freeze decision.The benchmark Korea Composite Stock Price Index (KOSPI) dropped 112.91 points, or 1.19 percent, to 5,812.12 as of 11:20 a.m.Overnight, the Dow Jones Industrial Average dipped 1.63 percent, while the tech-heavy Nasdaq Compos…
Seoul, March 18 (IANS) South Korea’s auto exports fell 20.8 per cent from a year earlier in February due to a decline in the number of working days for the month, government data showed on Wednesday.The combined value of automobile exports came to US$4.8 billion last month, according to the data from the Ministry of Trade, Industry and Resources, reports Yonhap news agency.February’s performance was due to a drop in the number of working days for the month amid the Lunar New Year holiday, the mi…
New Delhi, March 4 (IANS) Seoul shares plunged more than 12 per cent on Wednesday, closing below the 5,100-point mark, as mounting concerns over the economic fallout from the escalating Middle East conflict rattled investor sentiment. The Korean won also fell sharply against the US dollar.The benchmark Korea Composite Stock Price Index (KOSPI) tumbled 698.37 points, or 12.06 per cent, to close at 5,093.54, extending losses from a 7.24 per cent drop in the previous session, reports Yonhap news ag…
Seoul, March 4 (IANS) Hyundai Motor and Kia reported record vehicle sales for February in the United States, driven by robust demand for sport utility vehicles (SUVs) and hybrid models, the automakers said on Wednesday.The South Korean automakers sold a combined 137,412 vehicles in the U.S. last month, up 5 percent from a year earlier, according to the companies, reports Yonhap news agency.Hyundai Motor, including its luxury brand Genesis, sold 71,407 units, up 5.7 percent on-year, while Kia’s s…
Seoul, March 4 (IANS) Seoul shares extended losses late on Wednesday morning, falling more than 8 per cent, as escalating concerns over the economic fallout from the Middle East conflict continued to weigh on investor sentiment.After opening 3.44 per cent lower, the Korea Composite Stock Price Index (KOSPI) extended its losses, tumbling 468.98 points, or 8.1 per cent, to 5,322.93 as of 11:45 a.m., following a plunge of more than 7.24 percent the previous session.The Korea Exchange (KRX) triggere…
Seoul, Feb 25 (IANS) Seoul shares jumped nearly 2 per cent on Wednesday to surpass the 6,000-point mark for the first time, lifted by extended gains in technology and automobile stocks. The Korean won sharply rose against the US dollar.The benchmark Korea Composite Stock Price Index (KOSPI) advanced 114.22 points, or 1.91 per cent, to finish at a record high of 6,083.86 after hitting an intraday high of 6,144.71. The KOSPI has rallied for the fifth consecutive day, reports Yonhap news agency.Tra…
Seoul, Feb 25 (IANS) Hyundai Motor, Kia and BMW Korea will voluntarily recall 107,158 vehicles across 37 models due to manufacturing defects that could pose fire risks, the transport ministry said on Wednesday.According to the ministry, 37,690 units of four Hyundai models, including the Kona Electric, are subject to corrective measures over a battery management system (BMS) software issue, which could prevent early detection of fire risks.Kia will recall 1,590 units of the Niro electric vehicle …
Seoul, Feb 4 (IANS) Hyundai Motor and Kia reported record vehicle sales for January in the United States, driven by strong demand for sport utility vehicles (SUVs) and hybrid models, the automakers said on Wednesday.The two automakers sold a combined 125,296 vehicles in the U.S. last month, up 7.7 percent from a year earlier, according to the companies, reports Yonhap news agency.Hyundai Motor, including its luxury brand Genesis, sold 60,794 units, up 2.4 percent on-year, while Kia’s sales jumpe…
Seoul, Jan 26 (IANS) South Korean stocks closed lower on Monday to snap three consecutive days of rise ahead of a U.S. rate-setting meeting, with investors sitting on the sidelines amid geopolitical uncertainties in Iran.The Korean won sharply gained against the U.S. dollar, and the tech-laden KOSDAQ surged by more than 7 percent to land above 1,000 for the first time in more than four years, reports Yonhap news agency.The benchmark Korea Composite Stock Price Index (KOSPI) fell 40.48 points, or…