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DL Holdings turns to profits in Q2

DL Holdings Co. on Thursday reported its second-quarter net income of 9.3 billion won (US$6.8 million), shifting from a loss of 89.8 billion won a year earlier.

Operating profit for the April-June period was 142.8 billion, compared with a loss of 7.1…

Presidential office holds meeting to discuss Middle East tensions

The presidential office said Thursday it held a meeting to discuss the impact of rising tensions in the Middle East on the domestic economy and security.

The meeting was led by National Security Adviser Chang Ho-jin and Sung Tae-yoon, the presidentia…

(2nd LD) Exports extend gains to 10th straight month in July

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…

Seah Besteel Holdings Q2 net profit down 1.1 pct to 47.3 bln won

Seah Besteel Holdings Corp. on Thursday reported its second-quarter net income of 47.3 billion won (US$34.6 million), down 1.1 percent from a year earlier.

The company said in a regulatory filing that operating income for the April-June period fell 2…

Belgian man arrested for stealing from tourists in hotel

Songkhla, Police arrested a Belgian man who posed as a tourist and stayed at a hotel before stealing from foreign tourists. The police seized hundreds of thousands of baht in cash and other valuables. It was found that he had a history of committing c…