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Home » Archives for April 26, 2024

April 26, 2024

(LEAD) S. Korea, U.S., Japan decry N.K.’ satellite launch, arms shipments to Russia

April 26, 2024

Defense officials of South Korea, the United States and Japan condemned North Korea’s purported satellite launch, ballistic missile tests and weapons transfers to Russia during their virtual talks this week, the three countries said Thursday.

South …

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HL Mando Q1 net income up 234.5 pct to 145.7 bln won

April 26, 2024

HL Mando Co. on Friday reported its first-quarter net income of 145.7 billion won (US$106 million), up 234.5 percent from a year earlier.

The company said in a regulatory filing that it posted 75.6 billion won in operating profit for the quarter, co…

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(2nd LD) Kia Q1 net profit up 32.5 pct on sales boost of SUVs, minivans, hybrids

April 26, 2024

Kia Corp., South Korea’s second-largest automaker, said Friday its first-quarter net profit rose 32.5 percent on-year, backed by increased sales of SUVs, minivans and hybrid models.

Net profit for the January-March period came to 2.8 trillion won (U…

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(LEAD) Hana Financial Q1 net down 6 pct on ELS loss coverage

April 26, 2024

Hana Financial Group Co. on Friday said its first-quarter net profit dropped by 6.2 percent on costs to pay compensation to customers who suffered massive losses on the purchases of equity-linked securities.

Its net profit reached 1.03 trillion won …

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DeepL CEO sees faster-than-expected growth in S. Korean translation market

April 26, 2024

Jarek Kutylowski, founder and CEO of the artificial intelligence (AI) language service DeepL, said Friday his company’s new creative writing assistance service will be expanded to the Korean language, one of the fastest-growing languages in a time of…

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