Seoul: Samsung Electronics Co. reported on Thursday a significant drop of nearly 50 percent in its net income for the second quarter, primarily attributed to

Seoul: POSCO Holdings Inc., South Korea’s leading steelmaker, reported a significant decline in its second-quarter net profit, which plunged 85.5 percent compared to the previous

Seoul: The KOSPI 200 index experienced varied movements with notable performances by Hanwha Aerospace and Doosan. Hanwha Aerospace saw a significant increase, closing at 996,000

Washington: South Korea’s top trade negotiator announced that a comprehensive proposal for cooperation in the shipbuilding industry played a crucial role in securing a trade

Seoul: South Korea’s recent tariff agreement with the United States is expected to provide immediate relief to its export-driven economy. The deal, which aligns with

Seoul: Samsung SDI Co. on Thursday reported its second-quarter net loss of 166.7 billion won (US$120.2 million), turning from a profit of 301.2 billion won