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Industry experts predicts tough choices as NewJeans' ultimatum nears
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Jung's paternity reveal exposes where Korea stands on extramarital babies
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Seoul city opens emergency care centers
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Opposition chief acquitted of instigating perjury
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Samsung entangled in legal risks amid calls for drastic reform
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[Herald Interview] 'Trump will use tariffs as first line of defense for American manufacturing'
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[Exclusive] Hyundai Mobis eyes closer ties with BYD
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Agency says Jung Woo-sung unsure on awards attendance after lovechild revelations
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[Herald Review] 'Gangnam B-Side' combines social realism with masterful suspense, performance
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Why S. Korean refiners are reluctant to import US oil despite Trump’s energy push
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South Korean stocks got off to a strong start Monday driven by optimism that European leaders will take practical actions to save the euro, analysts said.
The benchmark Korea Composite Stock Price Index (KOSPI) rose 19.08 points, or 1.04 percent to 1,848.24 in the first 15 minutes of trading.
Shares gathered ground across the board, with top-cap Samsung Electronics jumping 2.35 percent and leading carmaker Hyundai Motor rising 1.97 percent.
In a brief telephone meeting on Saturday, German Chancellor Angela Merkel and Italy's Premier Mario Monti agreed to do everything to protect the eurozone and take all necessary measures, raising hopes for a possible bailout by the European Central Bank.
The local currency was trading at 1,134.5 won against the U.S. dollar as of 9:15 a.m., up 3.4 won from Friday's close. (Yonhap News)
