SEOUL, The antitrust regulator said Wednesday it has approved Lotte Rental Co.’s acquisition of an additional 19.7 percent stake in car-sharing startup SoCar.
The South Korean leading car rental agency affiliated with retail giant Lotte Group report…
SEOUL, GS Engineering and Construction Corp. on Wednesday reported its fourth-quarter net loss of 313.7 billion won (US$235.6 million), remaining in the red compared with a year ago.
The company said in a regulatory filing that it posted an operatin…
SEOUL, A senior prosecutor indicted for conspiring in 2020 with a then opposition lawmaker to have complaints filed against then ruling camp figures was sentenced to one year in prison by a court Wednesday.
The Seoul Central District Court handed ou…
SEOUL, South Korean stocks opened weaker Wednesday ahead of a key rate decision by the U.S. Federal Reserve this week.
The benchmark Korea Composite Stock Price Index slid 6.01 points, or 0.24 percent, to 2,492.80 in the first 15 minutes of trading….
SEOUL, Hana Financial Group Inc. on Wednesday reported its 2023 net profit of 3.49 trillion won (US$2.6 billion), down 3.9 percent from a year earlier.
Operating income for the year was 4.73 trillion won, up 1 percent on-year, the company said in a …