SEOUL, Kumho Petro Chemical Co. said Tuesday its first-quarter operating profit sank 40.5 percent from a year earlier due to sluggish demand for petrochemical products.
Its operating profit for the January-March period reached 78.6 billion won (US$5…
SEOUL, ADOR, a sublabel of K-pop powerhouse Hybe, will hold a critical board meeting Friday in what is expected to mark a decisive moment in the protracted conflict between the sublabel’s CEO and Hybe.
Sources in the music industry said Tuesday the …
SEOUL, Kakao Pay Corp., the online payment unit of South Korean social media giant Kakao Corp., said Tuesday it shifted to black in the first quarter on the back of growth of its subsidiaries.
Its net profit came to 167 million won (US$122,948) in t…
SEOUL, The top prosecutor on Tuesday pledged to speedily and strictly conduct an investigation into allegations that first lady Kim Keon Hee illegally received a luxury bag as a gift in 2022.
Prosecutor General Lee One-seok made the pledge after he …
SEOUL, North Korea’s external economic relations minister has expressed intent for his country’s cooperation with Iranian automaker Saipa during a recent rare trip to Tehran.
Yun Jong-ho made the remark as he visited a booth run by Iran’s second-lar…