Prosecutors on Thursday appealed a recent court acquittal of Samsung Electronics Co. Chairman Lee Jae-yong in a controversial Samsung affiliate merger case, sources said.
On Monday, the Seoul Central District Court delivered a not-guilty sentence for…
SEOUL, DL Holdings Co. on Wednesday reported its 2023 net loss of 126.9 billion won (US$95.6 million), swinging from a profit of 101.8 billion won a year earlier.
The company said in a regulatory filing that operating profit for
SEOUL, The head of the U.S. auto giant General Motors (GM) Co. met with chiefs of Samsung Group affiliates on Wednesday to discuss cooperation in areas involving electric vehicle (EV) batteries and auto electric parts, industry sources said.
Accordi…
SEOUL, KTandG Corp. on Wednesday reported its 2023 net income of 926.6 billion won (US$697.8 million), down 7.8 percent from a year earlier.
The company said in a regulatory filing that operating income for the year fell 7.9 percent
SEOUL, LIG Nex1 Co. on Wednesday reported its 2023 net income of 175 billion won (US$131.9 million), up 42.4 percent from a year earlier.
The company said in a regulatory filing that it posted 186.4 billion won in operating
SEOUL, LG Corp. on Wednesday reported its 2023 net profit of 1.41 trillion won (US$1.1 billion), down 33.2 percent from a year earlier.
Operating profit for the year was 1.58 trillion won, down 18.2 percent from the previous year,
SEOUL, NCSOFT Corp. on Wednesday reported its 2023 net income of 213.9 billion won (US$161.1 million), down 50.9 percent from a year earlier.
Operating profit for the year was 137.3 billion won, down 75.4 percent from the previous year,
South Korea’s financial regulators remain jittery about growing risks linked to real estate project financing loans. No wonder, then, that financial officials have been actively issuing more warnings with more details.
One notable change is that the…
SEOUL, South Korea’s agricultural ministry said Wednesday it plans to reduce the size of local rice paddies by 26,000 hectares this year to keep an optimal supply of rice while maintaining prices.
The decision was based on the government’s
SEOUL, Police will establish a new investigation division exclusively dedicated to phishing crimes in a bid to better fight increasingly sophisticated phishing attacks, officials said Wednesday.
The National Police Agency unveiled the plan during a …