Fortunately, I bumped into the shop's owner, Sang Kim. Originally from Seoul, Kim has been living out here the past 20 years: Here meaning both sides of the border, Tijuana and Chula Vista. He's a mechanical engineer by trade, who emigrated to work for companies including LG and Hyundai.
U.S. stock indexes rallied to close out their best week in two months. The S&P 500 rose 1% Friday. The Dow Jones Industrial Average climbed 0.8%, and the Nasdaq composite gained 1.5%.
Seoul shares opened higher Thursday, tracking an overnight rally on Wall Street, while investors waited for the outcome of the South Korean central bank's first rate decision meeting this year. The benchmark Korea Composite Stock Price Index rose 29.
Asian equities mostly rose Thursday, cheered by another tech-fuelled run-up on Wall Street after Donald Trump's huge AI <a target=
People walk inside the Korea Exchange (KRX) building, as stock markets in Asia as a whole have been affected by the intensifying political turmoil over president Yoon Suk Yeol’s role in martial law, in Seoul, South Korea, on Dec. 9, 2024.
According to the market on the 21st, the won-dollar exchange rate finished at 1,440.0 won during the nighttime transactions that took place from 3:30 p.m. on the 20th to 2 a.m. on the 21st. This is 18.3 won lower than the closing price of 1,458.3 won from the previous trading day on the 17th.
Equity benchmarks rose in Tokyo ahead of a key interest rate decision by the Bank of Japan later Friday, where a hike is expected. Stocks also rose in Sydney and Seoul. The S&P 500 advanced 0.5%, with the gauge topping the 6,
U.S. stocks are drifting near a record as Wall Street’s recent rally loses some momentum. The S&P 500 slipped 0.1% in early trading Thursday, a day after after pulling to
Wall Street was mixed in premarket trading on Thursday as major U.S. airlines stumbled and health insurance companies soared. Futures for the S&P 500 lost 0.1% before the opening bell,
In Seoul, market bellwether Samsung Electronics rose 1.3 percent, and its chipmaking rival SK hynix surged 4.94 percent. Leading battery maker LG Energy Solution gained 1.42 percent, and top carmaker Hyundai Motor increased 0.91 percent. Steel giant POSCO Holdings climbed 2.53 percent.
Overnight, major U.S. indexes rallied as blue chip tech shares gained ground, backed by signs of slowing inflation in the latest consumer price index, which reinforced bets that the Federal Reserve will continue with its monetary easing cycle this year.
Equity benchmarks rose in Tokyo ahead of a key interest rate decision by the Bank of Japan later Friday, where a hike is expected. Stocks also rose in Sydney and Seoul.