Seoul: KCC Corp. on Monday reported its third-quarter net loss of 42.3 billion won (US$30.9 million), turning from a profit of 11.2 billion won a year earlier. Operating profit for the July-September period was 125.3 billion won, up 41.7 percent from …
Seoul: Defense Minister Kim Yong-hyun and the European Union’s (EU) top diplomat have “strongly” condemned North Korea’s recent troop deployment to Russia. The condemnation was announced during their meeting in Seoul, as stated by the defense ministry…
Seoul: Enhanced cooperation in the energy and critical minerals supply chains would be a “win-win” for South Korea and Central Asia, Seoul’s top diplomat, Foreign Minister Cho Tae-yul, said Monday. Cho expressed hope for a stronger partnership in thes…
Seoul: South Korean stocks soared nearly 2 percent Monday to snap their three-day decline as the main opposition party agreed to scrap a planned tax on financial investments. The local currency sharply rose against the U.S. dollar. The benchmark Korea…
Seoul: The ruling People Power Party (PPP) announced plans to launch a consultative body next week involving the government, doctors, and the main opposition party to address the ongoing walkout by trainee doctors. Despite the Democratic Party’s (DP) …
SEOUL: North Korea has erected 11-meter-high earthen hills to completely obstruct inter-Korean roads that it demolished last month, South Korea’s military reported Monday, highlighting Pyongyang’s continued efforts to sever connections with the South….
SEOUL: The number of drug trafficking attempts into South Korea has increased by 24 percent during the first nine months of 2024 compared to the previous year, as reported by the customs agency on Monday. A total of 623 drug smuggling cases were uncov…
Seoul: The chief executive of artificial intelligence chip giant Nvidia Corp. emphasized the significance of its partnership with South Korea’s SK hynix Inc. during a technology conference. The collaboration focuses on the development of advanced AI a…
Seoul: South Korean bond yields experienced slight changes in the morning trading session of November 4, 2024. The 1-year Treasury Bond (TB) yield decreased to 2.873% from the previous session’s 2.875%, marking a decline of 0.2 basis points. Similarly…
Seoul: The KOSPI 200 index displayed a range of movements in its latest trading session, with notable gains observed in key sectors. Among the top performers were Samsung Biologics and HYBE, which significantly boosted their share prices. Samsung Biol…