Alchera to raise 56.1 bln won via stock offering

Alchera Inc.on Monday announced that it will sell stock to raise 56.1 billion won(US$42.2 million). The proceeds from the stock sale will be used mainly to finance its operations.

According to a regulatory filing, the company will issue 6.3 million …

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KT&G to expand production facilities in Indonesia

KT&G Corp., South Korea’s dominant tobacco company, said Monday it plans to expand its production facilities in Indonesia, with an aim to start operations in 2026.

KT&G currently has a tobacco manufacturing plant in Surabaya and plans to build anoth…

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(EDITORIAL from Korea Joongang Daily on Sept. 11)

Don’t hide behind the ‘no arrest’ privilege

Politicians’ strongest weapon could be their sincerity. But the way the Democratic Party (DP) leader responds to the prosecution’s investigation is totally devoid of the virtue, not to mention the lack of …

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Padres’ Kim Ha-seong sets new career high in hits

Kim Ha-seong of the San Diego Padres has established a new career high for hits in a season.

Kim went 1-for-4 against the Houston Astros in Minute Maid Park in Houston on Sunday (local time), picking up his 131st hit of the season.

Kim collected 1…

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