Samsung Electronics Co. on Friday estimated its first-quarter operating profit at 6.6 trillion won (US$4.9 billion), up 931.3 percent from a year earlier.
Sales increased 11.4 percent to 71 trillion won. The data for net earnings was not available.
…
Hur Young-in, the chairman of bakery giant SPC Group, was formally arrested Friday on charges of coercing bakers to quit their labor union.
The Seoul Central District Court issued the arrest warrant for the 74-year-old chairman on charges of violati…
Closely monitor the voting process
Preliminary voting for the April 10 parliamentary elections takes place Friday and Saturday. According to the National Election Commission (NEC), a whopping 41.4 percent of eligible voters said they would cast thei…
A U.S. State Department spokesperson said Thursday that Seoul’s financial contributions to the stationing of U.S. Forces Korea (USFK) represent a “powerful investment” in the bilateral alliance and more than 90 percent of them are spent in South Kore…
South Korea logged a current account surplus for the 10th straight month in February on the back of an increased trade surplus and dividend income, central bank data showed Friday.
The country’s current account surplus reached US$6.86 billion in Feb…