WASHINGTON, South Korea established diplomatic relations with Cuba on Wednesday, its mission to the United Nations said, in a culmination of steadfast efforts to build the formal relationship with the Latin American nation.
In New York, the two coun…
SEOUL, An appellate court on Wednesday upheld parts of a damage lawsuit brought by residents of Yongin over a controversial light rail system that they argue has cost the city hundreds of millions of dollars in losses.
The Seoul High Court ruled the…
SEOUL, GS Holdings on Wednesday reported its fourth-quarter net income of 126.3 billion won (US$94.5 million), down 46.9 percent from a year earlier.
Operating income for the October-December period was 695.3 billion won, down 22.5 percent from a ye…
SEOUL, The main opposition Democratic Party (DP) on Wednesday rolled out a set of campaign pledges aimed at supporting small businesses, ahead of the April elections.
The DP plans to significantly increase the amount of government subsidies business…
SEOUL, LS Corp. on Wednesday reported its fourth-quarter net profit of 238.2 billion won (US$178.4 million), up 88 percent from a year earlier.
The company said in a regulatory filing that it posted 153.7 billion won in operating profit for the quar…