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Naver Corp. Reports 41.6% Increase in Q2 Net Income Driven by AI Surge
Seoul: Naver Corp., South Korea’s leading online portal operator, announced a substantial increase in its second-quarter net profit, attributing the growth to advancements in artificial
Paradise Co. Reports 35% Decline in Q2 Net Profit to 21 Billion Won
Seoul: Paradise Co., an operator of foreigner-only casinos, on Friday reported its second-quarter net income of 21 billion won (US$14.8 million), marking a 35 percent
Trump Imposes 15% Tariff on Polysilicon Derivative Products
Seoul: U.S. President Donald Trump signed a proclamation imposing a 15 percent tariff on polysilicon derivative products, a strategic move aimed at bolstering America’s polysilicon
SK hynix to Invest 54.3 Trillion Won in Semiconductor Fabs in Yongin and Cheongju
Seoul: SK hynix Inc. announced on Friday a significant investment of 54.3 trillion won (US$38.3 billion) to establish new semiconductor fabrication plants, responding to the
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Number of South Koreans Not Eating Kimchi on the Rise: Data
Seoul: South Koreans are consuming significantly less kimchi than in the past despite the surge in global popularity of the country’s signature side dish, data
Fans Flock to Seoul World Cup Stadium for Lee Kang-in’s Atletico Madrid Debut
Seoul: South Korean international Lee Kang-in made his much-anticipated Atletico Madrid debut on home soil Sunday, in front of thousands of adoring fans in his
National Health Insurance Faces Q1 Deficit of Nearly 4 Trillion Won
Seoul: The national health insurance reported a deficit of nearly 4 trillion won (US$2.8 billion) in the first quarter of 2026, raising the possibility of
Energy Demand Hits Yearly High on Continued Heat Wave
Seoul: South Korea recorded the highest electricity demand for the year in recent days amid a prolonged heat wave, industry data showed Sunday. The country’s