SEOUL– LX International Corp. said Friday its third-quarter net profit grew 38.9 percent from a year earlier on the back of a rise in commodities prices and a weaker Korean…
SEOUL– Hyosung TNC Corp. on Friday reported its third-quarter net loss of 122.1 billion won (US$85.9 million), swinging from a profit of 310.7 billion won a year earlier. The company…
SEOUL– LG Electronics Inc. on Friday reported record high sales backed by its electric vehicle (EV) components business but also experienced a big drop in net income in the third…
SEOUL– South Korea’s central bank said Friday it will sell 9.9 trillion won (US$6.96 billion) worth of monetary stabilization bonds (MSBs) in November, almost the same amount issued the previous…
SEOUL– South Korean stocks snapped a two-day gaining streak to close lower Friday, as investor sentiment was hurt by lackluster earnings and dim guidance from major U.S. tech companies, and…
SEOUL– Hotel Shilla Co., a South Korean operator of luxury hotels and duty-free shops, said Friday it swung to the black in the third quarter from a year earlier thanks…