SEOUL, Lotte Fine Chemical Co. on Wednesday reported its fourth-quarter net profit of 9.7 billion won (US$7.3 million), down 85.1 percent from a year earlier.
Operating income for the October-December period was 8.5 billion won, down 80.7 percent fr…
The Seoul Central District Court on Monday acquitted Samsung Group Chairman Lee Jae-yong of all of 19 charges against him, including his alleged unlawful succession of the largest conglomerate in Korea. Earlier, the court also found former Supreme Co…
SEOUL, BGF Retail Co. on Wednesday reported its fourth-quarter net income of 38.6 billion won (US$29.1 million), down 5.4 percent from a year earlier.
The company said in a regulatory filing that it posted 51.1 billion won in operating profit for th…
Samsung Electronics and other Samsung affiliates are widely anticipated to resume full-scale business activities, prompted by the recent court acquittal of Samsung Executive Chairman Lee Jae-yong of all charges related to accounting fraud and other a…
South Korea’s financial regulators remain jittery about growing risks linked to real estate project financing loans. No wonder, then, that financial officials have been actively issuing more warnings with more details.
One notable change is that the…