Seoul shares open higher amid hopes for easing Mideast tensions

South Korean shares opened almost 1 percent higher Friday amid hopes the US and Israel-led war against Iran, weighing heavily on global financial markets, may end sooner than expected. The benchmark Korea Composite Stock Price Index rose 53.89 points, or 0.94 percent, to 5,817.11 in the first 15 minutes of trading. Overnight, the Dow Jones Industrial Average closed 0.44 percent lower, the tech-heavy Nasdaq Composite lost 0.28 percent, and the S&P 500 dropped 0.27 percent but pared most of their

By The Korea Herald