Most Popular
-
1
Tensions heighten ahead of first president-opposition chief meeting
-
2
Seoul to provide housing subsidy to married couples with newborns
-
3
[KH Explains] No more 'Michael' at Kakao Games
![[KH Explains] No more 'Michael' at Kakao Games](//res.heraldm.com/phpwas/restmb_idxmake.php?idx=644&simg=/content/image/2024/04/28/20240428050183_0.jpg&u=20240428180321)
-
4
Rapper jailed after public street fight with another rapper
-
5
Woman gets suspended term for injuring boyfriend with knife
![[KH Explains] No more 'Michael' at Kakao Games](http://res.heraldm.com/phpwas/restmb_idxmake.php?idx=644&simg=/content/image/2024/04/28/20240428050183_0.jpg&u=20240428180321)
-
6
Samsung chief bolsters ties with Germany’s Zeiss
-
7
NewJeans pops out ‘Bubble Gum’ video amid troubles at agency
-
8
Med schools expect 1,500+ new admission slots next year
-
9
Nominee for chief of anti-corruption body pledges 'independence, effectiveness'
-
10
KT launches new mobile plans for foreign residents
South Korean stocks opened lower Wednesday as market heavyweights lost ground on woes over a widely expected rate hike in the U.S.
The benchmark Korea Composite Stock Price Index shed 6.5 points, or 0.32 percent, to 2,017.43 in the first 15 minutes of trading.
Top market cap Samsung Electronics fell 1.44 percent after the tech giant appointed a new head for its flagship mobile business that is struggling with falling margins amid tougher global competition.
In contrast, automakers traded bullish after releasing robust November sales numbers in the domestic market.
Industry leader Hyundai Motor rose 0.33 percent and its sister company Kia Motors increased 1.08 percent.
The local currency was trading at 1,154.3 won against the U.S. dollar as of 9:15 a.m., up 3.7 won from Tuesday's close. (Yonhap)
