Seoul shares close more than 1 pct higher on tech gains
Seoul stocks closed more than 1 percent higher Wednesday on tech gains, as investors were hopeful that the U.S. Federal Reserve could ease the pace of rate increases. The Korean…
January 25, 2023
LG Innotek Q4 net income down 22.3 pct to 203.9 bln won
LG Innotek Co. on Wednesday reported its fourth-quarter net income of 203.9 billion won (US$165.6 million), down 22.3 percent from a year earlier.The company said in a regulatory filing that…
LG Innotek 2022 net up 10.3 pct on demand for auto components
LG Innotek Co., an IT parts manufacturer, on Wednesday said its net profit for 2022 rose more than 10 percent, helped by robust sales of high-value products and growing demand…
Na bows out of PPP leadership race
Former lawmaker Na Kyung-won said Wednesday she will not run for leader of the ruling People Power Party (PPP), giving in to apparent objections from the office of President Yoon…
Veterans ministry unveils emblem for 70th Korean War armistice anniv.
South Korea's veterans ministry on Wednesday unveiled an emblem marking the 70th anniversary of the armistice that halted the 1950-53 Korean War.The emblem is composed of the word "amazing" and…
Opposition leader Lee expected to appear for prosecutors’ questioning alone this weekend
Opposition leader Lee Jae-myung is expected to appear for a scheduled questioning at a prosecutors office this weekend without the company of party lawmakers, sources said Wednesday.Lee plans to show…