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Yoon approves appointment of 7 new KBS board members

President Yoon Suk Yeol has approved the appointment of seven new board members of public broadcaster KBS in line with the recommendations of the state broadcasting watchdog, an official said Thursday.

Yoon signed off on the appointments late Wednesd…

Kia’s July sales gain slightly on overseas sales bump

Kia Corp., South Korea’s second-largest automaker by sales, said Thursday it saw a slight bump in sales last month thanks to an increase in exports.

Kia, the smaller affiliate of Hyundai Motor Co., sold 261,334 vehicles in July, up 0.9 percent from 2…

BGF Retail Q2 net income down 1.7 pct to 58.5 bln won

BGF Retail Co. on Thursday reported its second-quarter net profit of 58.5 billion won (US$42.9 million), down 1.7 percent from a year earlier.

The company said in a regulatory filing that it posted 76.2 billion won in operating profit for the quarter…