Day: February 2, 2024
Government Supports UNDP’s Country Programme 2024-2028
The Royal Government of Cambodia supports the country programme 2024-2028 of the United Nations Development Programme (UNDP).
The support was highlighted by H.E. Chheang Yanara, Senior Minister in Charge of Special Mission and Second Vice President …
PPP lawmaker Bae Hyun-jin makes 1st public appearance since attack
Rep. Bae Hyun-jin of the ruling People Power Party (PPP) on Friday made her first public appearance since being attacked by a teenager last week.
Bae, who represents the eastern Seoul district of Songpa, attended a PPP meeting in her constituency Fr…
(LEAD) S-Oil Q4 net down 8.3 pct as refining margins, FX gains fall
S-Oil Corp., South Korea’s third-biggest refiner by crude oil distillation unit, said Friday its fourth-quarter net profit fell 8.3 percent from a year earlier due to low refining margins and decreased currency gains.
Net profit for the three months…
2 veteran judges nominated as Supreme Court justices
The Supreme Court on Friday nominated two veteran judges as new justices at the top court.
Supreme Court Chief Justice Cho Hee-dae recommended Eom Sang-phil, 55, and Shin Sook-hee, 54, for nomination by President Yoon Suk Yeol.
Once Yoon approves t…
S. Korea vows to persuade France with ‘unbiased data’ on new EV scheme
South Korea’s industry ministry said Friday it plans to continue to engage in negotiations with the French government on its new electric vehicle (EV) subsidy policy with “unbiased data,” after it excluded domestically produced models from the progra…
Hankook & Company turns to black in Q4
Hankook and Company Co. on Friday reported a fourth-quarter net income of 23.9 billion won (US$18.1 million), swinging from a loss of 51 billion won a year earlier.
The company said in a regulatory filing that it posted 77.1 billion won in operati…
(2nd LD) Inflation falls below 3 pct for first time in 6 months in Jan.
South Korea’s inflation fell below 3 percent for the first time in six months in January, showing signs that inflationary pressure is easing, data showed Friday.
But the prices could bounce back again to over 3 percent in the coming months due to ri…
Hankook Tire & Technology Q4 net profit up 358.9 pct to 177.3 bln won
Hankook Tire and Technology Co. on Friday reported a fourth-quarter net profit of 177.3 billion won (US$134.1 million), up 358.9 percent from a year earlier.
The company said in a regulatory filing that it posted 492.4 billion won in operating pro…
(2nd LD) Naver Q4 net profit soars 129 pct on strong commerce, fintech biz
South Korean tech giant Naver Corp. said Friday its fourth-quarter net profit jumped 129 percent from a year earlier, largely driven by robust growth of its commerce and fintech businesses.
The net profit came to 301.8 billion won (US$226.6 million)…
(Yonhap Interview) Defying classification, Park Dae-sung re-imagines Korean ink painting
Artist Park Dae-sung occupies a unique position in contemporary Korean art: He captures Korea’s serene landscape in calligraphic lines using traditional ink while simultaneously breaking from tradition with his paintings’ bold colors, gigantic size a…