SEOUL– Korea Shipbuilding & Offshore Engineering Co. (KSOE) said Thursday it has clinched a combined 2.87 trillion-won (US$2.2 billion) order to build 10 liquefied natural gas (LNG) carriers for European and Oceanian shippers, near…
SEOUL– South Korean stocks bounced back Thursday from the previous day’s 20-month low as the U.S. Federal Reserve’s minutes indicated cautious optimism over the economy’s long-term prospects, despite impeding rate hikes. The Korean won gained ground a…
YEONGJONG ISLAND, South Korea– Incheon International Airport, the main gateway to South Korea, is likely to see a ninefold increase in air travelers in the upcoming peak summer vacation season, compared with last year, airport officials said Thursday….
SEOUL– South Korea’s cosmetic exports posted a record-high amount, surpassing the 10 trillion-won mark for the first time in history, data showed Thursday.According to the Ministry of Food and Drug Safety, South Korea’s cosmetic exports grew 21.3 perc…
SEOUL– Samsung Electronics Co. said Thursday it is likely to report its best second-quarter earnings in four years on the back of solid chip demand.In its earnings guidance, the South Korean tech giant estimated its operating profit at 14 trillion won…
SEOUL– South Korean battery maker LG Energy Solution Ltd. said Thursday it expects its second-quarter operating profit to shrink sharply from a year earlier due to global supply disruptions and China’s COVID-19 lockdowns.The company estimated operatin…
SEOUL– South Korea’s art market continued its upbeat mode in the first half of this year despite an economic slowdown, industry data showed Thursday.The total sales of artworks in Korea reached an estimated 532.9 billion won (US$410.1 million) in the …
The main opposition Democratic Party(DP) says it will look into the possible involvement of the Yoon Suk Yeol administration in the reversal of the official conclusion reached in the case of a South Korean fisheries official killed by the North Korean …