Korea Bizwire, Author at Be Korea-savvy
KEPCO Pledges to Slash Fine Dust Emissions from Coal Plants by 50% in 5 Years

KEPCO Pledges to Slash Fine Dust Emissions from Coal Plants by 50% in 5 Years

SEOUL, May 22 (Korea Bizwire) – The Korea Electric Power Corporation (KEPCO) announced plans last Friday to reduce emissions of fine dust particles from its coal-fired power plants in South Korea by 50 percent over the next five years. KEPCO and five of its affiliates held an emergency conference last week at KEPCO Art Center [...]

S. Korean Stocks Reach Record High of 2,304 Fueled by Foreign Buying

S. Korean Stocks Reach Record High of 2,304 Fueled by Foreign Buying

SEOUL, May 22 (Korea Bizwire) – South Korean shares breached the 2,300-point mark for the first time ever as foreign investors scooped up major tech stocks amid sound corporate earnings, bucking overnight gains on Wall Street, analysts said. The Korean won sharply rose against the U.S. dollar. The benchmark Korea Composite Stock Price Index (KOSPI) [...]

Local Businesses Welcome Thaw Between South Korea, China

Local Businesses Welcome Thaw Between South Korea, China

SEOUL, May 22 (Korea Bizwire) – A thaw in deadlocked relations between South Korea and China over the deployment of an advanced U.S. ballistic missile defense system is showing signs of resuscitating vitality in exchanges in the public and private sectors between the two countries. Strained bilateral relations look somewhat mitigated of late as newly elected South Korean President Moon Jae-in is actively trying [...]