Seoul, Jan 9 (IANS) LG Energy Solution on Friday said it continued to remain in the red in its fourth quarter (Q4), although its operating loss nearly halved from a year earlier amid weak global demand for electric vehicle (EV) batteries.Operating loss in the October-December period was estimated at 122 billion won ($83.8 million), compared with a loss of 225 billion won posted in the fourth quarter of 2024, the company said in a preliminary report.Sales decreased 4.8 per cent to 6.14 trillion w…
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Seoul, Jan 7 (IANS) Seoul shares extended their rally to a fourth day to set a fresh record high on a tech and auto rally on Wednesday after briefly landing above the 4,600-point level. The Korean won fell against the US dollar.The benchmark Korea Composite Stock Price Index (KOSPI) rose 25.58 points, or 0.57 percent, to close at an all-time high of 4,551.06, reports Yonhap news agency.The index briefly topped the 4,600-point mark, touch an intraday high of 4,611.72.On Tuesday, the KOSPI broke t…