South Korean professional golfer Ko Jin-young has clenched her first LPGA title of the season, her 13th overall LPGA victory, while setting a pair of scoring records.Ko, the world’s number one in women’s golf, finished the final round of the HSBC Women…
SEOUL– Zinus Inc. on Monday reported its 2021 net profit of 51.7 billion won (US$42.1 million), up 12.8 percent from a year earlier.The company said in a regulatory filing that it posted 74.3 billion won in operating profit for the year, compared with…
The government will release four-point-42 million barrels from the nation’s strategic oil reserves in a bid to bring down soaring energy prices and relieve the global supply shortage amid Russia’s invasion of Ukraine.The energy ministry said on Saturda…
SEOUL– Hyundai Motor Co. on Monday outlined its used car business plans to expand customers’ right of choice, though the government put a halt to the business launch due to objection from existing players.In the past two years, Hyundai has had rounds …
The benchmark Korea Composite Stock Price Index(KOSPI) fell 62-point-12 points, or two-point-29 percent, on Monday, closing the day at two-thousand-651-point-31.The tech-heavy KOSDAQ also fell, losing 19-point-42 points, or two-point-16 percent, to clo…
The Korean won further weakened by 12-point-nine won against the greenback on Monday amid market jitters over Russia continuing invasion of Ukraine. According to the Korea Exchange, the won-dollar exchange rate closed at one-thousand-227-point-one, exc…