SEOUL, The Cabinet on Tuesday approved a motion demanding the National Assembly reconsider a special bill mandating a new investigation into the Itaewon crowd crush in 2022.
President Yoon Suk Yeol is expected to endorse the Cabinet’s decision so as…
SEOUL, Samsung SDI Co. said Tuesday its fourth-quarter earnings tumbled 21.6 percent on-year due to sluggish demand for batteries used in energy storage system (ESS) and IT products.
Consolidated net profit came to 493.3 billion won (US$370.8 millio…
SEOUL, South Korean actor Park Hae-soo has been cast in the new spy series “Butterfly” on Amazon Prime, the actor’s agency said Tuesday, marking his debut in Hollywood.
The upcoming thriller centers on a deadly chase between a former, mysterious U.S…
SEOUL, South Korean stocks closed lower Tuesday as investors booked profit ahead of the U.S. Federal Reserve’s policy meeting later this week. The Korean won rose against the U.S. dollar.
The benchmark Korea Composite Stock Price Index (KOSPI) shed …
SEOUL, Amorepacific Group on Tuesday reported its 2023 net profit of 234.7 billion won (US$176.6 million), up 57.3 percent from a year earlier.
Operating profit for the year was 152 billion won, down 44.1 percent on-year, the company said in a regul…