Seoul: South Korea will allocate 28.4 billion won (US$19.5 million) this year to support the global expansion of local medium-sized enterprises, the industry ministry announced Thursday. This investment marks a 78 percent increase from last year, refl…
Read MoreHarbin: South Korea will compete for gold medals in both men’s and women’s curling at the Asian Winter Games on Friday in China. Both teams cruised into their respective finals thanks to resounding semifinal victories on Thursday at Harbin Pingfang Di…
Read MoreSeoul: KT Corp. on Thursday reported its 2024 net income of 450.1 billion won (US$310.6 million), marking a 54.5 percent decrease from the previous year.
According to Yonhap News Agency, the company disclosed in a regulatory filing that its operatin…
Read MoreSeoul: South Korea added three gold medals at the Asian Winter Games on Thursday to lock down second place in the medal race with one day remaining. With gold medals from the men’s and women’s singles in figure skating, and from the men’s snowboard ha…
Read MoreSeoul: KT Corp. on Thursday reported its fourth-quarter net loss of 736.6 billion won (US$508.4 million), remaining in the red compared with a year ago. The company disclosed in a regulatory filing that it experienced an operating loss of 655.1 billio…
Read MoreSeoul: The head of an investment consulting firm was sentenced to 25 years in prison on Thursday over a massive stock manipulation scheme that rocked local financial markets. The Seoul Southern District Court handed down the sentence, ordering Ra Deok…
Read MoreHarbin: Kim Geon-hui was awarded the gold medal in the weather-interrupted men’s snowboard halfpipe event at the Asian Winter Games in China on Thursday. Kim had finished first in the qualification round Wednesday. And when the final scheduled for Thu…
Read MoreSeoul: The Constitutional Court announced it will hold an additional hearing for President Yoon Suk Yeol’s impeachment trial next week. This decision marks the ninth formal hearing in the ongoing proceedings, scheduled for 2 p.m. on Tuesday. Both Yoon…
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