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Seoul shares down 0.52 pct late Tue. morning

SEOUL, South Korean stocks traded lower late Tuesday morning ahead of major economic events in the United States.

The benchmark Korea Composite Stock Price Index had lost 14.63 points, or 0.52 percent, to 2,789.68 as of 11:20 a.m.

U.S. labor market…

Kakao to open Seoul’s 1st K-pop arena in 2027

SEOUL, Kakao Corp., a South Korean tech company, said Tuesday it broke ground to build Seoul’s first K-pop-destined performance hall in cooperation with the Seoul city government.

Seoul Arena, with a capacity to accommodate up to 28,000 people, aims…

(LEAD) DP fails to table special probe bill on Marine’s death

SEOUL, The main opposition Democratic Party (DP) failed Tuesday to table a contentious bill mandating a special counsel investigation into the military’s response to a Marine’s death last year.

The DP had planned to introduce the bill immediately af…

(EDITORIAL from Korea Times on July 2)

The U.S. presidential race has entered a phase of increased unpredictability following the first debate between President Joe Biden and his rival, Donald Trump. The televised debate on Thursday saw both candidates exchanging fiery rhetoric on a range…