Exports up 32.8 pct in first 20 days of July
SEOUL, South Korea’s exports rose 32.8 percent on-year in the first 20 days of July on the back of robust demand for chips, autos and petroleum products, customs data showed…
July 21, 2021
GM Korea workers to stage partial strike for higher pay
SEOUL, Unionized workers at GM Korea Co., the South Korean unit of General Motors Co., entered a partial strike Wednesday for higher wages amid the extended COVID-19 pandemic. GM Korea…
Hyundai Rotem Q2 net income down 41.4 pct. to 14.3 bln won
SEOUL, Hyundai Rotem Co. on Wednesday reported its second-quarter net profit of 14.3 billion won (US$12.5 million), down 41.4 percent from a year earlier. The company said in a regulatory…
SME exports hit record high in H1 despite pandemic
SEOUL, Exports by South Korean small and medium-sized enterprises (SMEs) jumped nearly 22 percent to a new high in the first half of the year despite the coronavirus pandemic, government…
Korea Shipbuilding & Offshore Engineering swings to red in Q2
SEOUL, Korea Shipbuilding & Offshore Engineering Co. on Wednesday reported its second-quarter net loss of 722.1 billion won (US$626.7 million), turning from a profit of 400 million won a year…
Hyundai Mipo Dockyard shifts to red in Q2
SEOUL, Hyundai Mipo Dockyard Co. on Wednesday reported its second-quarter net loss of 146.9 billion won (US$127.5 million), swinging from a profit of 3.2 billion won a year earlier. The…