Samsung Card Co. on Thursday reported its 2023 net profit of 609.4 billion won (US$459.5 million), down 2.1 percent from a year earlier.
The company said in a regulatory filing that operating income for the year fell 4.6 percent on-year
North Korea on Thursday urged its armed forces to be equipped with full combat readiness as the country marked the 76th founding anniversary of the Korean People’s Army (KPA).
In an editorial, the North’s main newspaper, Rodong Sinmun, claimed the
The main opposition Democratic Party (DP) has lashed out at President Yoon Suk Yeol’s response to allegations surrounding the first lady, saying that his attitude was shameless and lacked an apology.
During a highly anticipated interview with broadca…
President Yoon Suk Yeol said Wednesday that first lady Kim Keon Hee failed to “cold-heartedly reject” a visitor armed with a hidden camera, addressing allegations of her acceptance of a luxury handbag for the first time.
Yoon said in an
Diplomatic disaster and message management
Relations between South Korea and Russia are facing a severe crisis.
The spokesperson for the Russian Foreign Ministry belittled the South Korean president’s remarks publicly. Under normal diplomatic relati…
KT Corp., South Korea’s major mobile carrier, said Thursday it shifted to a net loss in the fourth quarter from a profit a year earlier due to an increase in operating costs.
The company said in a regulatory filing it
An appeals court on Thursday upheld a two-year prison sentence for former Justice Minister Cho Kuk convicted of academic fraud involving his children and unlawful interference with a government inspection.
The Seoul High Court confirmed a lower court…
A committee of POSCO Holdings Inc. said Thursday it named former company president Chang In-hwa as a candidate for next chair of South Korea’s top steelmaker.
Chang is currently an adviser of POSCO and served as president of the steelmaking
The United Nations Development Programme (UNDP) has spoken highly of Cambodia’s development so far, by promising to assist the country to explore other development tips so as to attract more investors to come to invest in the Kingdom.
The appreciatio…
Focus on North Korea’s economy and Russia
In recent weeks, there has been significant discussion of whether North Korea has made the fundamental decision to go to war with South Korea. But focusing exclusively on whether Pyongyang has made a