SEOUL– South Korea’s exports grew 13.1 percent on-year in the first 20 days of February on the back of demand for chips and petroleum products, customs data showed Monday.The country’s outbound shipments stood at US$34.30 billion in the Feb. 1-20 peri…
SEOUL– Samsung Fire & Marine Insurance Co. said Monday its earnings soared more than 42 percent in 2021 from a year earlier on the car insurance division’s switch to profit.Net income came to 1.09 trillion won (US$910 million) last year, up 42.5 p…
SEOUL– Ruling party presidential candidate Lee Jae-myung is neck and neck with main opposition presidential candidate Yoon Suk-yeol with 43.7 percent against 42.2 percent, a survey showed Monday.In the survey by the Korea Society Opinion Institute (KS…
SEOUL– South Korea’s major multiplex operators stayed in the red in the fourth quarter of last year amid the protracted COVID-19 pandemic but are expected to turn a corner in the coming quarters, financial data showed Monday.CJ CGV, the No. 1 multiple…
SEOUL– A court has ruled in favor of GM Korea Co., the South Korean unit of General Motors Co., in a lawsuit filed against the government’s decision to retrieve its subsidy provided for a facility the carmaker disposed of in 2019, sources said Monday….
SEOUL– South Korea’s three major mobile carriers said Monday they will participate in the upcoming mobile technology trade fair in Spain to showcase their latest technologies despite growing coronavirus woes.The three telecommunication companies — SK…
SEOUL– The top diplomats of South Korea and Armenia exchanged congratulatory messages on Monday to mark the 30th anniversary of establishing diplomatic relations, Seoul’s foreign ministry said.Foreign Minister Chung Eui-yong and his Armenian counterpa…
SEOUL– Ruling party presidential candidate Lee Jae-myung said Monday that establishing a special committee for emergency COVID-19 relief will be his No. 1 executive order if he wins the March 9 presidential election.Lee of the Democratic Party (DP) al…