LG Household & Health Care Q2 net hits record high on robust sales

SEOUL– South Korean household goods and cosmetics maker LG Household & Health Care Ltd. said Thursday its net profit surged to a record high in the second quarter this year,…

Kia Q2 net profit up 963.2 pct. to 1.34 tln won

SEOUL– Kia Corp. on Thursday reported its second-quarter net income of 1.34 trillion won (US$1.2 billion), up 963.2 percent from a year earlier. Operating profit for the April-June period was…

Hyundai Q2 net soars on base effect, SUV models

SEOUL– South Korea’s Hyundai Motor Co. said Thursday its second-quarter net profit more than quintupled compared with a year earlier on a base effect and strong sales of its high-end…

Vietnam expresses regrets over cremation of S. Korean resident

SEOUL– Vietnam has expressed regrets over the recent cremation of a South Korean resident without consent from his family after he died following COVID-19 infection, the foreign ministry said Thursday.…

Art foundation aims to make NFTs of historic Korean alphabet manuscript

SEOUL– An art foundation said Thursday it is pushing to create commercial digital tokens of “Hunminjeongeum,” an official manuscript describing the principles of the Korean alphabet, Hangeul, and details on…

POSCO’s Q2 net jumps 18 times on robust demand

SEOUL– POSCO, the world’s fifth-largest steelmaker by output, said Thursday that its second-quarter net profit surged 18 times from a year earlier on robust demand amid the global economic recovery…

NH Investment & Securities Q2 net profit up 17.3 pct. to 270.5 bln won

SEOUL– NH Investment & Securities Co. on Thursday reported its second-quarter net income of 270.5 billion won (US$235.2 million), up 17.3 percent from a year earlier. The company said in…

Vaulter Yang Hak-seon regains confidence after key practice

TOKYO– Botched landings aside, South Korean vaulter Yang Hak-seon still walked away from his recent practice with a huge smile on his face, confident that he can pick up his…

Seoul stocks snap 4-day losing streak on earnings hope

SEOUL– South Korean stocks snapped their four-day losing streak Thursday, as hopes for robust second-quarter earnings boosted investor sentiment despite the surge in new virus cases. The Korean won rose…

Kia Q2 net jumps more than 10-fold on base effect, SUVs

SEOUL– Kia Corp., South Korea’s No. 2 carmaker, said Thursday its second-quarter net profit soared more than 10-fold from a year earlier on a low base effect and strong sales…