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Home » Archives for January 25, 2024 » Page 6

January 25, 2024

(LEAD) Hyundai Motor’s Q4 net rises 29 pct on robust sales of high-end vehicles

January 25, 2024

South Korea’s Hyundai Motor Co. said Thursday its fourth-quarter net profit rose 29 percent from a year earlier on robust sales of high-end vehicles.

Net profit for the three months ended on Dec. 31 rose to 2.2 trillion won (US$1.6 billion) from 1.7…

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Samsung SDS 2023 net income down 37.9 pct to 701.3 bln won

January 25, 2024

Samsung SDS Co. on Thursday reported its 2023 net income of 701.3 billion won (US$525.5 million), down 37.9 percent from a year earlier.

The company said in a regulatory filing that it posted 808.2 billion won in operating profit for the year, compa…

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DP’s floor leader calls for investigation into first lady’s luxury bag allegations

January 25, 2024

The prosecution should launch an investigation into allegations first lady Kim Keon Hee inappropriately received a luxury bag as a gift in 2022, the floor leader of the main opposition Democratic Party (DP) said Thursday.

Rep. Hong Ihk-pyo made the …

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Samsung SDS Q4 net income down 42.1 pct to 146 bln won

January 25, 2024

Samsung SDS Co. on Thursday reported its fourth-quarter net profit of 146 billion won (US$109.4 million), down 42.1 percent from a year earlier.

The company said in a regulatory filing that it posted 214.5 billion won in operating profit for the qua…

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(LEAD) Workplace safety law on smaller firms to be implemented Saturday as scheduled

January 25, 2024

The expanded implementation of the workplace safety law, penalizing employers for serious industrial accidents, is set to take effect later this week as scheduled, as rival parties have failed to agree on granting an additional two-year grace period …

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Babymonster’s Ahyeon to resume activities after hiatus

January 25, 2024

K-pop girl group Babymonster’s Ahyeon will return to the team in April, ending her monthslong hiatus for health reasons, the group’s agency said Thursday.

Originally planned to debut as a septet with members — Ruka, Pharita, Asa, Rami, Rora, Chiqui…

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Hyundai Motor 2023 net income up 53.7 pct to 12.27 tln won

January 25, 2024

Hyundai Motor Co on Thursday reported its 2023 net income of 12.27 trillion won (US$9.2 billion), up 53.7 percent from a year earlier.

Operating income for the year was 15.12 trillion won, up 54 percent from the previous year, the company said in a …

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N. Korean leader calls weak regional economy ‘serious political issue’

January 25, 2024

North Korean leader Kim Jong-un called for an improvement in the country’s regional economy and rebuked officials over their lukewarm attitude in tackling the “serious political issue,” state media said Thursday.

Kim made the remarks as he has stres…

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(5th LD) Ruling party lawmaker attacked in Seoul; remains in stable condition after treatment

January 25, 2024

People Power Party lawmaker Rep. Bae Hyun-jin sustained a head injury after being attacked by an unidentified assailant Thursday but remains in stable condition, her office said.

The incident happened around 5 p.m. in the southern Seoul district of …

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(2nd LD) SK hynix swings to Q4 operating profit on rising demand for premium chips

January 25, 2024

SK hynix Inc. said Thursday it swung to a profit in the fourth quarter of last year on the back of rising demand for premium memory chip products.

The world’s second-largest memory chipmaker posted an operating profit of 346 billion won (US$259.4 mi…

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