SEOUL– Nothing can dispute that hanbok is Korea’s traditional culture, a senior official at Cheong Wa Dae said Monday, as a performer wearing hanbok at the opening ceremony of the Beijing Olympics sparked anger in South Korea.During last Friday’s even…
SEOUL– Hyundai Mipo Dockyard Co. on Monday reported its fourth-quarter net loss of 78.4 billion won (US$65.3 million), remaining in the red compared with a year ago.The company said in a regulatory filing that it continued to post an operating loss of…
SEOUL– Hyundai Mipo Dockyard Co. on Monday reported its 2021 net loss of 160.1 billion won (US$133.5 million), remaining in the red compared with the previous year.The company said in a regulatory filing that it posted an operating loss of 217.3 billi…
SEOUL– Korea Shipbuilding & Offshore Engineering Co. on Monday reported its 2021 net loss of 1.14 trillion won (US$951.5 million), remaining in the red compared with the previous year.The company said in a regulatory filing that it posted an o…
SEOUL– South Korea’s military unveiled its novel lineup of “robot chefs” at a boot camp on Monday in an effort to lessen Army cooks’ workloads and meet growing calls to improve everyday troop meals.The kitchen has become the latest frontier for the mi…
SEOUL– Hyundai Heavy Industries Holdings Co. said Monday its net losses narrowed in the fourth quarter from a year earlier on increased equity gains from affiliates.Net losses narrowed to 189.6 billion won (US$158 million) in the October-December quar…
SEOUL– South Korean stocks ended their three-day winning streak on Monday, largely as investors attempted to cash in profits from recent stock rallies. The Korean won fell against the U.S. dollar.The benchmark Korea Composite Stock Price Index (KOSPI)…
SEOUL– Kia Corp., South Korea’s second-biggest carmaker by sales, said Monday it will launch six electric vehicles in China by 2027 as it aims to gain a share in the Chinese EV market.Kia plans to launch the EV6 all-electric sedan in the world’s bigge…