South Korea’s inflation rose 2.9 percent in April on-year, marking the first time in three months that the index fell below 3 percent, data showed Thursday.
Consumer prices, a key gauge of inflation, fell 0.2 percentage point last month from
Kia Corp., South Korea’s second-largest automaker, said Thursday its monthly sales rose 0.6 percent on-year in April, as demand for its products strengthened overseas.
Kia sold 261,022 vehicles last month, up from 259,397 units a year ago, the compan…
Hybe Co. on Thursday reported its first-quarter net profit of 2.9 billion won (US$2.1 million), down 87.4 percent from a year earlier.
Operating profit for the January-March period was 14.4 billion won, down 72.6 percent from a year ago, the
South Korean stocks fell slightly Thursday following the U.S. Federal Reserve’s decision to hold the key rate flat. The Korean won rebounded against the U.S. dollar.
The benchmark Korea Composite Stock Price Index (KOSPI) lost 8.41 points, or 0.31 pe…
Rival political parties are set to hold a parliamentary plenary session Thursday to pass a special bill mandating a new investigation into the 2022 Itaewon crowd crush that claimed 159 lives.
The bill, which was initially railroaded by the main
Hyundai Motor Co., South Korea’s leading automaker, said Thursday its monthly sales rose 3.3 percent in April from a year earlier backed by a rise in global demand.
Hyundai Motor sold 345,840 vehicles last month, up from 334,890 units a
DL E andC Co. on Thursday reported its first-quarter net income of 26 billion won (US$18.8 million), down 72.3 percent from a year earlier.
Operating income for the January-March period was 60.9 billion won, down 32.5 percent from a year
The Japanese government has asked whether Seoul can cooperate in its inquiry into Naver Corp. over last year’s personal data leak from Line Yahoo Corp., a Japanese affiliate of the South Korean tech giant, a government agency here said Thursday.
South Korean stocks started lower Thursday following the U.S. Federal Reserve’s rate-freeze decision.
The benchmark Korea Composite Stock Price Index (KOSPI) lost 7.6 points, or 0.28 percent, to 2,684.46 in the first 15 minutes of trading.
On Wall S…
A kids’ activity kit being sold by a Chinese e-commerce giant has been found to contain lead about 158 times higher than permitted levels, the Seoul city government said Thursday.
The city announced the findings after conducting safety tests on