Business

Seoul shares seen higher on U.S. factory data

Seoul shares are set to open higher on Tuesday, after a rally on Wall Street pushed the S&P 500 to a fresh four-year high on robust U.S. and China factory data. “The U.S. stock rally will definitely lend a hand. Worries of a slowdown in China’s economy are starting to settle, helping recently laggard, China-related More >

Seoul shares gains seen limited after 6 week rally

Seoul shares are expected to open higher on Monday after the Greek parliament approved an austerity bill to secure a second bailout from the European Union and International Monetary Fund, analysts said. But the rise may be capped as Seoul shares posted a sixth consecutive week of gains last week and concerns linger about coordinated More >

Qualcomm will Set up R & D Center in Korea

US mobile communications chip maker Qualcomm has announced to establish a technology research and development center in South Korea. Qualcomm also announced to invest in mobile technology companies in the country.