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Cabinet Approves Amendments to Commercial Act to Enhance Corporate Governance
Seoul: The Cabinet on Tuesday approved amendments to the Commercial Act that expand the fiduciary duties of corporate board members to all shareholders, in a
S. Korean Bond Yields See Minimal Fluctuations Across Various Terms
Seoul: South Korean bond yields experienced slight movements across different terms as observed in the morning trading session on July 15, 2025. The yields for
Presidential Office Clarifies Defense Chief Nominee’s Statement on Wartime Command
Seoul: The presidential office clarified that statements made by Defense Minister nominee Ahn Gyu-back regarding the reclamation of wartime command from the United States represent
Special Counsel to Summon Ex-Presidential Secretary in Marine Death Investigation
Seoul: A special counsel team announced plans to summon former presidential secretary Kang Eui-gu this week for questioning concerning the presidential office’s suspected involvement in
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Samsung Electronics Q1 Net Surges Over Fivefold on AI-Driven Demand
Seoul: Samsung Electronics Co. announced Thursday that its first-quarter net profit surged more than fivefold compared to the previous year, fueled by strong demand for
Finance Chief Cites Financial Market’s Sufficient Crisis Response Capacity Amid Volatility
Seoul: Finance Minister Koo Yun-cheol said Thursday that financial institutions have sufficient capacity to withstand crisis scenarios despite volatility in financial and foreign exchange markets.
LG Energy Solution Reports Q1 Loss Amid EV Market Decline
Seoul: LG Energy Solution Ltd. announced a first-quarter net loss as the global demand for electric vehicle (EV) batteries decreased, impacting their earnings negatively. The
Seoul Shares Climb Amid Strong Tech Earnings Boost
Seoul: Seoul stocks traded higher late Thursday morning at above the landmark 6,700-point mark as investors’ risk appetite was boosted thanks to strong earnings from