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Thu, June 1, 2023 | 12:11
Uncertainty remains over contributions by Japanese war crime firms to 'partnership fund'
Uncertainty remains over contributions by Japanese war crime firms to 'partnership fund'
The Federation of Korean Industries (FKI) and the Japan Business Federation (Keidanren) declined once again, Wednesday, to clarify whether Japanese firms accused of wartime forced labor will contribute to the Future Partnership Fund, established to support various cooperation projects.
2023-05-10 16:54
Coupang posts earnings surprise in Q1
Coupang posts earnings surprise in Q1
Coupang, a New York Stock Exchange-listed, Seoul-based e-commerce firm, registered an operating profit of over $107 million in the first three months of this year, despite recession woes fanned by higher borrowing rates and inflation, market watchers said Wednesday.
2023-05-10 16:49
Korea to propel lead as global shipbuilding powerhouse
Korea to propel lead as global shipbuilding powerhouse
The government will expand refund guarantee financing, bolster investments and increase the number of foreign workers for shipbuilders, in a coordinated policy drive to help the local growth-driver industry cement its lead globally, according to the industry, justice ministries and the financial policy regulator, Wednesday.
2023-05-10 16:47
Asiana Airlines in hot seat over poor response to passenger injury
Asiana Airlines in hot seat over poor response to passenger injury
Asiana Airlines is facing online criticism for its bungled response to dental injuries suffered by a passenger who claimed they were caused by pieces of a broken coffee cup found in an in-flight meal offered by the carrier. The passenger boarded the aircraft departing from Honolulu International Airport on April 16 and suffered injuries to three teeth while eating an in-fligh...
2023-05-10 16:46
Kangwon Land shifts to profits in Q1
Kangwon Land shifts to profits in Q1
Kangwon Land on Wednesday reported its first-quarter net profit of 101.5 billion won ($76.6 million), swinging from a loss of 5.8 billion won a year earlier.
2023-05-10 16:40
KEPCO EC turns to profits in Q1
KEPCO EC turns to profits in Q1
KEPCO Engineering Construction on Wednesday reported its first-quarter net profit of 8.9 billion won ($6.7 million), turning from a loss of 1.7 billion won a year earlier.
2023-05-10 16:10
Shinsegae Q1 net profit down 14.8% to $97.1 mil.
Shinsegae Q1 net profit down 14.8% to $97.1 mil.
Shinsegae on Wednesday reported its first-quarter net profit of 128.6 billion won ($97.1 million), down 14.8 percent from a year earlier.
2023-05-10 15:15
Coupang logs profit in Q1 on improved sales
Coupang logs profit in Q1 on improved sales
Coupang said Wednesday it racked up a profit in the first quarter thanks to the company's operational improvement and increased sales.
2023-05-10 15:14
Korea christens 1st homegrown advanced LNG bunkering ship
Korea christens 1st homegrown advanced LNG bunkering ship
Korea held a ceremony Wednesday to christen a new liquefied natural gas (LNG) bunker vessel equipped with a homegrown advanced cargo system, the industry ministry said.
2023-05-10 13:57
SK Telecom Q1 net up 37.3% on increased dividends
SK Telecom Q1 net up 37.3% on increased dividends
SK Telecom, Korea's largest wireless carrier, said Wednesday its first-quarter net profit jumped 37.3 percent from a year earlier thanks to increased dividend income.
2023-05-10 10:54
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Top 10 Stories
1Seoul City takes flak for bungled emergency text alert on NK's rocket launch Seoul City takes flak for bungled emergency text alert on NK's rocket launch
2Rude cabbies in Seoul face stricter penaltiesRude cabbies in Seoul face stricter penalties
3[INTERVIEW] Asia expected to be key driver of ESG growth: Deloitte ESG Partner INTERVIEWAsia expected to be key driver of ESG growth: Deloitte ESG Partner
4North Korea's spy satellite launch fails as rocket falls into sea North Korea's spy satellite launch fails as rocket falls into sea
5Retailers adopt generative AI to offer personalized products, services Retailers adopt generative AI to offer personalized products, services
6Committee calls for lowering requirements for foreigners to teach English online Committee calls for lowering requirements for foreigners to teach English online
7Chinese account for 54% of foreign-owned homes in Korea Chinese account for 54% of foreign-owned homes in Korea
8AMCHAM stresses S. Korea-US ties after NK fires 'space launch vehicle' AMCHAM stresses S. Korea-US ties after NK fires 'space launch vehicle'
9LS chairman appears in YouTube commercial LS chairman appears in YouTube commercial
10Mercedes-Benz Korea appoints new CEO Mercedes-Benz Korea appoints new CEO
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