August 1, 2024

SK Innovation remains in red in Q2

SK Innovation Co. on Thursday reported its second-quarter net loss of 639.7 billion won (US$467.4 million), remaining in the red compared with a year ago.

Seoul stocks open higher on dovish Fed

South Korean stocks started higher Thursday, driven by the U.S. Federal Reserve’s rate-cut signals.

The benchmark Korea Composite Stock Price Index (KOSPI) gained 18.65 points,