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Seoul shares up over 1 pct late Mon. morning on tech rebound

South Korean stocks traded over 1 percent higher late Monday morning as blue chip shares gained ground following last week’s rout.

The benchmark Korea Composite Stock Price Index (KOSPI) had added 26.54 points, or 1.03 percent, to 2,614.97 as of 11:…

Carmakers move to disclose battery brand info amid EV fire scare

Carmakers in South Korea are moving toward disclosing the brand information of batteries used in their electric vehicles in response to consumer doubts over the safety of EV batteries.

Public concerns over EV safety have mounted in the country after…