Seoul, April 23 (IANS) South Korean stocks rose on Thursday, led by gains in large-cap technology shares, as investors focused on corporate earnings following the United States’ indefinite extension of its ceasefire in the conflict with Iran.The benchmark Korea Composite Stock Price Index (KOSPI) gained 48.04 points, or 0.75 per cent, to 6,465.97 as of 11:20 am (local time), reports Yonhap news agency.The index opened 1.1 percent higher, tracking overnight gains on Wall Street, and briefly surpa…
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New Delhi, April 19 (IANS) In a significant boost to the Centre’s Make in India push, JSW Steel and POSCO on Sunday announced plans to form a 50-50 joint venture to establish a 6 million tonnes per annum integrated steel plant in Odisha by the end of 2026.The announcement, made by Kyunghoon Kim on the social media platform X, comes just ahead of the high-level summit between India and South Korea.The proposed project is being seen as another major example of a Korean company advancing India’…
Seoul, April 2 (IANS) South Korean stocks dropped over 3 per cent on Thursday morning after US President Donald Trump warned that the United States would strike Iran “extremely hard” over the next few weeks.The benchmark Korea Composite Stock Price Index (KOSPI) fell 197.1 points, or 3.6 percent, to 5,281.6 as of 11:20 a.m.The index opened more than 1 percent higher, tracking overnight gains on Wall Street, but turned negative after Trump’s remarks dashed hopes for a swift end to the monthlong c…