SEOUL, Oct. 29 (Yonhap) — Hanwha Systems on Tuesday reported its third-quarter net income of 8.1 billion won (US$5.9 million), down 80.2 percent from a year earlier.
The company said in a regulatory filing that operating profit for the July-Septembe…
SEOUL, Oct. 29 (Yonhap) — South Korean stocks rose for three straight sessions Tuesday as the robust performance of top-cap Samsung Electronics offset losses from battery and auto shares. The local currency fell against the U.S. dollar.
The benchmar…
The United States issued final rules Monday to curb U.S. investments in artificial intelligence, semiconductors and other technology sectors in China, calling them a national security measure to keep those advanced technologies away from “countries of…
Vice Unification Minister Kim Soo-kyung said Tuesday that Russia’s prolonged war with Ukraine is not a distant conflict but a war that could “directly” affect South Korea’s security.
Kim made the remarks in an interview with cable news channel MBN as…
Samsung Electro-Mechanics Co., an electronic component affiliate of Samsung Group, said Tuesday its third-quarter net profit fell nearly 25 percent from a year ago due to a strong local currency.
Net income amounted to 124.2 billion won (US$89.9 mill…
A South Korean government delegation visited the European Union headquarters in Brussels on Tuesday to brief officials on North Korea’s deployment of its troops to Russia, an EU official said.
The delegation, comprising high-level intelligence, defen…
South Korea’s economic growth will be slower than earlier expected this year due to a slowdown in outbound shipments the central bank chief said Tuesday.
Earlier, the Bank of Korea (BOK) had expected Asia’s fourth-largest economy to grow 2.4 percent …
Korea Football Association (KFA) President Chung Mong-gyu said Tuesday that FIFA’s head honcho Gianni Infantino “doesn’t understand” the controversy surrounding the hiring process for the men’s national team head coach here.
Chung made the remarks in…
Hana Financial Group Inc. on Tuesday reported its third-quarter net profit of 1.16 trillion won (US$839 million), up 20.4 percent from a year earlier thanks to a rise in non-interest income.
The earnings exceeded market expectations. The average esti…
President Yoon Suk Yeol and Ukrainian President Volodymyr Zelenskyy on Tuesday strongly condemned North Korea’s troop deployment to Russia and vowed to actively share information on battlefields to coordinate countermeasures.
Yoon and Zelenskyy held …