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Lotte Himart Q2 Net Soars on Private Brand Products, After-Sales Services
Seoul: Lotte Himart, South Korea’s leading electronics retailer, announced on Monday that its second-quarter net profit surged more than sevenfold from a year earlier, driven
S. Korea Reaffirms Commitment to Peace Despite N. Korea’s Rejection of Dialogue
Seoul: The presidential office announced on Monday its commitment to taking consistent actions to promote peace on the Korean Peninsula, following North Korea’s rejection of
Lee to Host People’s Appointment Ceremony on Liberation Day
Seoul: President Lee Jae Myung will commemorate his election by the people during the “People’s Appointment Ceremony” on August 15, which aligns with the 80th
K League All-Star Squad Makes Changes Ahead of Friendly Against Newcastle
Suwon: The South Korean league All-Star squad set to face Newcastle United in a friendly match replaced two players Monday. The Korea Professional Football League
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Court Schedules Additional Mediation in SK Group Chairman Divorce Case
Seoul: An appellate court has announced plans to hold an additional mediation session in the ongoing divorce settlement case involving SK Group Chairman Chey Tae-won
GS Holdings Q1 Net Profit Surges Over 180% to 826.7 Billion Won
Seoul: GS Holdings on Wednesday reported its first-quarter net profit of 826.7 billion won (US$552.2 million), marking an increase of 183.6 percent from the same
South Korea Introduces Evaluation System for EV Subsidies to Boost Domestic Supply Chains
Seoul: South Korea will newly implement an evaluation system to give out subsidies to electric vehicle (EV) manufacturers starting in July, with a focus on
Samsung Electronics Faces Potential Major Strike as Labor Talks Collapse
Seoul: Samsung Electronics Co. and its labor union have hit an impasse in wage negotiations, stirring fears of a significant strike that could disrupt operations