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Lee Calls for Capital Market Reforms Amid Middle East Crisis
Seoul: President Lee Jae Myung on Wednesday urged the country’s capital markets to view the deteriorating economic conditions, exacerbated by the ongoing conflict in the
N. Korea-China Trade Reaches Nine-Year High with Over $427 Million in Early 2023
Beijing: Trade between North Korea and China surpassed 2.94 billion Chinese yuan (US$427 million) in the January-February period this year, marking the highest amount in
UAE Prioritizes Crude Oil Supply to South Korea Amid Global Tensions
Seoul: The United Arab Emirates has pledged to supply crude oil to South Korea with top priority, as confirmed by President Lee Jae Myung’s top
NH Investment & Securities Becomes Third IMA Operator
Seoul: The Financial Services Commission (FSC) on Wednesday granted a license to NH Investment and Securities Co. to operate investment management accounts (IMAs), marking a
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Naver Reports 31.3% Decline in Q1 Net Profit Due to FX Losses
Seoul: Naver Corp., South Korea’s largest online portal operator, announced a significant decline in its first-quarter net profit, revealing a 31.3 percent decrease compared to
Samsung Heavy Industries Q1 Net Profit Increases to 100.1 Billion Won
Seoul: Samsung Heavy Industries on Thursday reported its first-quarter net profit of 100.1 billion won (US$67.5 million), marking an increase of 11.1 percent from the
POSCO International Reports Significant Rise in Q1 Net Profit by 36.1 Percent
Seoul: POSCO International on Thursday reported its first-quarter net income of 277.3 billion won (US$186.8 million), up a solid 36.1 percent from a year earlier.
DL E&C Reports Significant First-Quarter Net Income Increase
Seoul: South Korean builder DL E and C on Thursday reported its first-quarter net income of 160.1 billion won (US$107.9 million), marking an impressive 429.5