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The Korea Times

Entertainment & Arts

SCMP
Asia

The Korea Times

Business

Companies

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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5	Retailers adopt generative AI to offer personalized products, services

6	Committee calls for lowering requirements for foreigners to teach English online

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8	AMCHAM stresses S. Korea-US ties after NK fires 'space launch vehicle'

9	LS chairman appears in YouTube commercial

10	Mercedes-Benz Korea appoints new CEO

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