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(LEAD) Samsung Biologics Q3 net profit gains 10 pct on record sales

October 23, 2024

Samsung Biologics Co. said Wednesday its third-quarter net profit increased 10 percent from a year earlier, driven by record sales.

Net profit for the July-September period came to 264.5 billion won (US$191.3 million), compared with 240.4 billion won…

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Fuel tax cut to be extended by 2 months with adjustments

October 23, 2024

The finance ministry said Wednesday it will extend the tax cut on fuel by another two months with some adjustments amid the ongoing Middle East crisis.

Under the decision, South Korea will apply a 15 percent discount on gasoline consumption and a 23 …

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(LEAD) Tigers defeat Lions to go up 2-0 in Korean Series

October 23, 2024

The Kia Tigers beat the Samsung Lions 8-3 to take a commanding 2-0 lead in the Korean Series on Wednesday, moving a step closer to their first South Korean baseball title in seven years.

The Tigers ambushed Lions starter Hwang Dong-jae for five runs …

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(LEAD) Seoul shares end higher on tech, auto gains; won slips for 8th day

October 23, 2024

Seoul shares closed higher possible slower pace in the Federal Reserve’s rate cuts. The Korean won continued to slip against the U.S. dollar.

The benchmark Korea Composite Stock Price Index rose 28.92 points, or 1.1 percent, to close at 2,599.62.

Tr…

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(LEAD) LG Display net loss narrows in Q3 over OLED sales

October 23, 2024

LG Display Co. said Wednesday its net loss narrowed in the third quarter due mainly to increased production of premium organic light-emitting diode (OLED) displays.

According to a regulatory filing, the company recorded a net loss of 338.1 billion wo…

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S. Korea secures additional 34 passenger manifests from Ukishima ship sinking

October 23, 2024

Japan provided South Korea on Wednesday with another batch of passenger manifests from the 1945 sinking of a Japanese vessel that is known to have killed thousands of Koreans aboard.

The Ukishima Maru sank in waters off the Aomori Prefecture in Augus…

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(LEAD) Multiple delays allow Korean Series manager to get creative with pitching plans

October 23, 2024

Multiple delays caused by inclement weather at the start of the Korean Series have given Kia Tigers manager Lee Bum-ho enough wiggle room to be creative with his pitching plans.

The opening game of the Korea Baseball Organization championship round b…

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S. Korea to maintain close communication with global investors ahead WGBI inclusion

October 23, 2024

Finance Minister Choi Sang-mok has said South Korea will maintain close communication with global investors to ensure the country’s successful debut in a key global government bond index managed by FTSE Russell.

Choi made the remark during his meetin…

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Childbirths in S. Korea extend gains to 2nd month in Aug.

October 23, 2024

The number of babies born in South Korea increased on-year for the second consecutive month in August, data showed Wednesday, amid lingering demographic challenges caused by the ultra-low birth rate and rapid aging.

A total of 20,098 babies were born…

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(2nd LD) Tigers defeat Lions to go up 2-0 in Korean Series

October 23, 2024

The Kia Tigers beat the Samsung Lions 8-3 to take a commanding 2-0 lead in the Korean Series on Wednesday, moving a step closer to their first South Korean baseball title in seven years.

The Tigers ambushed Lions starter Hwang Dong-jae for five runs …

Read More »
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