Seoul: Lotte Card Co. has been slapped with 5 billion won (US$3.38 million) in financial penalties and a business suspension of 1.5 months over its

Seoul: Hanon Systems on Friday announced a notable turnaround in its financial performance, posting a second-quarter net profit of 86.1 billion won (US$59.8 million). This

Seoul: Hyosung TNC Corp. has announced a striking 480.3 percent increase in its second-quarter net income, reaching 123.9 billion won (US$86.6 million). This significant rise

Seoul: A mix-up over a U.S. spy drone flying near the inter-Korean border has raised questions about a potential communication gap between the allies after

Seoul: HD Hyundai Co., the holding company of South Korea’s leading shipbuilding conglomerate, reported a substantial increase in its second-quarter net income, which rose over

Seoul: The ruling Democratic Party (DP) has pledged to collaborate closely with the government to mitigate uncertainty in the domestic stock market, as volatility concerns