Military Mobilized to Stock North Korea’s Pharmacies in Anti-Epidemic Effort
North Korea has mobilized its military to help stop the spread of COVID-19, state media said, as nearly 270,000 more people came down with fever in a single day.Six people…
May 17, 2022
Nearly 4 in 10 listed firms cut workforce in 2021 amid pandemic
SEOUL-- Almost 4 in 10 South Korean listed companies trimmed their workforce in 2021 from a year earlier amid the prolonged coronavirus pandemic, a private think tank said Tuesday.The Korea…
Seoul shares open higher amid persistent rate hike woes
SEOUL-- South Korean shares opened higher Tuesday on institutional buying despite persistent worries over inflation and aggressive monetary tightening in major economies.The Korea Composite Stock Price Index (KOSPI) rose 16.51…
Top 500 firms’ sales surpass 700 tln won in Q1
SEOUL-- The combined first-quarter sales of major firms in South Korea surpassed the 700 trillion-won (US$545 billion) mark for the first time on strong performances by chips, electronics, petrochemicals and…
Hyundai Construction Equipment tops Indian excavator market in April
SEOUL-- South Korean construction machinery maker Hyundai Construction Equipment Co. said Tuesday it captured the top spot in India's excavator market in April for the first time, outselling Japanese and…
Hyundai E&C to issue non-fungible tokens for 75th anniversary
SEOUL-- Major South Korean builder Hyundai Engineering & Construction Co. said Tuesday it will issue non-fungible tokens (NFTs) to celebrate the 75th anniversary of its foundation this year.To that end,…