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Thu, June 1, 2023 | 10:58
Kakao Games' Q1 profit tumbles 85% due to one-off factor
Kakao Games' Q1 profit tumbles 85% due to one-off factor
Kakao Games, the gaming unit of Korean tech giant Kakao, said Wednesday its first-quarter net profit tumbled 85 percent due to an account loss from its investment in a local developer.
2023-05-03 10:18
SK On to develop key EV battery material with US graphite company
SK On to develop key EV battery material with US graphite company
Korean battery maker SK On said Wednesday it has signed an agreement with a U.S. graphite company to develop battery-grade anode materials in an effort to bolster the sourcing of raw materials.
2023-05-03 09:55
Wooseok E&C launches plastic recycling project
Wooseok E&C launches plastic recycling project
Wooseok E&C has embarked on a project to recycle plastic waste using syngas production technology in collaboration with the Institute for Advanced Engineering, a non-profit research agency, and KEPCO E&C, a power plant design company.
2023-05-03 08:27
Dongwon F&B runs large-scale promotion in 'family month' of May
Dongwon F&B runs large-scale promotion in 'family month' of May
Dongwon F&B has kicked off a large sales event with discounts of up to 51 percent for its various health functional foods until the end of June, the company said Tuesday. One of the most prominent products is Ultra Vita Action, a highly concentrated multivitamin produced under its premium health functional food brand Oliniq.
Kim Jae-heun | 2023-05-03 08:25
Korea wary of China's economic retaliation following Yoon's Taiwan remarks
Korea wary of China's economic retaliation following Yoon's Taiwan remarks
Concerns are growing over China's possible economic retaliation against Korea after President Yoon Suk Yeol's recent remarks on Taiwan elicited angry responses from Beijing, according to sources, Tuesday.
Park Jae-hyuk | 2023-05-02 17:12
New OCI chairman grapples with continued controversy
New OCI chairman grapples with continued controversy
OCI Holdings kicked off its operation on Tuesday with the appointment of its new chairman, amid multiple controversies surrounding him and the company.
Park Jae-hyuk | 2023-05-02 17:12
BGF Retail Q1 net profit up 6.5% to $20.6 million
BGF Retail Q1 net profit up 6.5% to $20.6 million
BGF Retail Co. on Tuesday reported its first-quarter net income of 27.7 billion won ($20.6 million), up 6.5 percent from a year earlier.
2023-05-02 16:59
Kia's April sales rise 8.3% despite chip shortage
Kia's April sales rise 8.3% despite chip shortage
Kia, Korea's second-largest automaker, said Tuesday its sales rose 8.3 percent last month from a year earlier on improved production and product mix amid eased chip supply disruptions.
2023-05-02 16:59
AmorePacific's Q1 net profit down 25.3% on-year on weaker sales
AmorePacific's Q1 net profit down 25.3% on-year on weaker sales
AmorePacific, a cosmetics giant, on Tuesday reported a 25.3 percent decrease in net profit in the first quarter from a year earlier due to sluggish sales amid a global slowdown.
2023-05-02 16:59
Diageo Korea criticized for allegedly forcing unwanted drinks on local bars
Diageo Korea criticized for allegedly forcing unwanted drinks on local bars
Diageo Korea is facing growing criticism for allegedly forcing bars, nightclubs and other establishments to purchase unwanted liquor products in bundles with its popular whisky Johnnie Walker, according to industry officials, Tuesday.
Kim Jae-heun | 2023-05-02 16:51
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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
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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
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6Committee calls for lowering requirements for foreigners to teach English online Committee calls for lowering requirements for foreigners to teach English online
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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
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