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Seoul stocks extend losses late Tuesday morning amid AI concerns

The benchmark KOSPI, along with other indices, are displayed at Hana Bank’s dealing room in Seoul, Tuesday. Yonhap Seoul stocks were trading sharply lower late Tuesday morning as concerns over investments in the artificial intelligence (AI) value chain sparked a sell-off in major chip shares. The benchmark Korea Composite Stock Price Index (KOSPI) fell 136.06…

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Seoul, Tokyo agree to extend $10 bil. currency swap deal by another 3 years

Finance Minister Lee Hyoung-il, right, shakes hands with his Japanese counterpart, Satsuki Katayama, in Bangkok, Thursday. Courtesy of Ministry of Finance and Economy BANGKOK — Korea has agreed with Japan to extend their $10 billion currency swap arrangement, set to expire next month, by another three years, the finance ministry said Thursday, as the two…

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Dont derail Free Nana Akwasi Agyeman IX Omanhene of Lower Dixcove

Don’t derail Free Primary Health Care programme… Dixcove Omanhene warns

The Omanhene of Lower Dixcove, Nana Akwasi Agyeman IX, has cautioned against actions that could derail the success of the government’s flagship Free Primary Health Care (PHC) programme, warning particularly about possible financial and administrative bottlenecks from central authorities in Accra. He stressed that the initiative must be allowed to succeed without interference. He noted…

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