Finance Minister Choi Sang-mok on Thursday vowed to beef up monitoring of the global financial market and devise contingency plans to better respond to uncertainties regarding interest rates in the United States and other nations.
Choi made the remar…
Renault Korea Motors Co., the South Korean unit of Renault S.A., said Thursday its sales climbed 12.7 percent last month from a year earlier thanks to increased overseas demand.
Renault Korea sold 5,447 vehicles in July, up from 4,835 units a year ea…
South Korea’s exports extended on-year gains to the tenth straight month in July on the back of the robust performance of semiconductors, data showed Thursday.
Outbound shipments rose 13.9 percent on-year to US$57.4 billion last month, according to t…
SEOUL, Aug. 1 (Yonhap) — Samsung Electronics Co.’s largest labor union on Thursday urged company Chairman Lee Jae-yong to intervene in a weekslong strike after wage negotiations failed.
“It’s time for Chairman Lee to come forward and clarify his pos…
The following is the weather forecast for South Korea’s 12 major cities at 9:01 a.m. Thursday.
Temperature (C) Condition Possibility
High/Low of Rain (%)
Seoul 33/26 Rain 30
Incheon 31/26 Rain 20
Suwon 33/26 Rain 30
Cheongju 35/27 Sunny 30
Daej…
SK Innovation Co., South Korea’s leading refiner and parent firm of battery maker SK On Co., said Thursday its second-quarter net losses deepened due to lower refining margins and a slowdown in electric vehicle (EV) markets.
Net losses for the three …
North Korea’s ambassador to Tehran has attended the inauguration ceremony of Iran’s new President Masoud Pezeshkian and delivered a “warm greeting” from leader Kim Jong-un, state media reported Thursday.
Ambassador Han Song-u attended the ceremony in…
South Korea and its counterparts from Indo-Pacific partner nations, as well as the European Union, have held a vice foreign ministerial-level meeting to discuss potential areas of future cooperation, Seoul’s foreign ministry said Thursday.
The meetin…
The massive data leaks from the Korea Defense Intelligence Command (KDIC) are utterly shocking. A civilian official at the military command handed over detailed information on its agents working overseas and other members of the command to a Chinese c…
DL E and C Co. on Thursday reported its second-quarter net income of 40.6 billion won (US$29.8 million), up 14.4 percent from a year earlier.
The company said in a regulatory filing that it posted 32.6 billion won in operating profit for the quarter,…