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…