Category: General

Hyundai Mipo Dockyard remains in red in Q4

SEOUL, Hyundai Mipo Dockyard Co. on Tuesday reported its fourth-quarter net loss of 109.4 billion won (US$82.5 million), remaining in the red compared with a year ago.

The company said in a regulatory filing that it continued to post

Read More

Seoul shares extend losses late Tue. morning

SEOUL, South Korean shares traded sharply lower late Tuesday morning amid growing concerns that U.S. rate cuts may be further away than anticipated.

The benchmark Korea Composite Stock Price Index (KOSPI) lost 14.80 points, or 0.57 percent, to 2,576…

Read More

SKC remains in red in 2023

SEOUL, SKC Ltd. on Tuesday reported its 2023 net loss of 326.4 billion won (US$245.9 million), remaining in the red compared with the previous year.

The company said in a regulatory filing that it posted an operating loss of

Read More

GS Retail remains in red in Q4

SEOUL, GS Retail Co. on Tuesday reported its fourth-quarter net loss of 118.6 billion won (US$89.1 million), remaining in the red compared with a year ago.

The company said in a regulatory filing that operating income for the October-December

Read More

Yoon holds 1st meeting with presidential labor council

SEOUL, President Yoon Suk Yeol held his first meeting with the presidential Economic, Social and Labor Council on Tuesday and encouraged its members to produce solutions to labor-management issues with a view to creating a sustainable future, his off…

Read More