SEOUL, Hyundai Engineering and Construction Co. on Tuesday reported its 2023 net income of 654.3 billion won (US$490.1 million), up 38.9 percent from a year earlier.
Operating income for the year was 785.4 billion won, up 36.6 percent from the previ…
SEOUL, Rep. Tae Young-ho, a North Korean defector-turned-lawmaker of the ruling People Power Party, said Tuesday he has proposed a bill calling for the designation of a commemorative day for North Korean defectors.
Tae said in a Facebook post that h…
SEOUL, South Korea’s top steelmaker POSCO Holdings Inc. said Tuesday its 2023 earnings nearly halved from a year earlier amid a global industry slump.
Net profit stood at 1.83 trillion won (US$1.37 billion) last year, down 48.5 percent from a year e…
Russian President Vladimir Putin expressed his willingness to visit Pyongyang soon, North Korea’s state media reported Sunday. The North’s official Korean Central News Agency said Putin accepted an invitation from North Korean leader Kim Jong-un duri…
SEOUL, Foreign Minister Cho Tae-yul spoke by phone with his Japanese counterpart, Yoko Kamikawa, on Tuesday to discuss bilateral relations and other issues, his office said, the first such talks between the two top diplomats since Cho’s inauguration….
SEOUL, South Korea’s business sentiment remained pessimistic for February over prolonged concerns over a slowdown of the global economy, a poll showed Tuesday.
The business survey index (BSI) for the country’s top 600 companies by sales stood at 92….
SEOUL, POSCO Future M Co., the battery materials unit of POSCO Holdings Inc., said Tuesday its full-year net profit plunged 96 percent last year from a year earlier due to lower material prices.
Net profit for the whole of 2023 plummeted to 4.44 bil…
SEOUL, Investigators raided the regional police agency in Incheon on Tuesday as part of an investigation into the suicide death of actor Lee Sun-kyun, best known for his role in the Oscar-winning film “Parasite.”
The Gyeonggi Nambu Provincial Police…
SEOUL, Nearly 350 flights set to land or take off at Jeju International Airport have been canceled Tuesday due to heavy snow and gusty winds, according to Korea Airports Corp. (KAC).
As of 5:30 p.m., 347 flights — 176 outbound flights and 171 inbou…
SEOUL, SK Group has reclaimed its position as the second-largest conglomerate in South Korea by market capitalization, with its chipmaking unit, SK hynix Inc., playing a crucial role, industry data showed Tuesday.
The combined market capitalization …