SEOUL– South Korea and Lithuania discussed ways Thursday to boost cooperation in bio, laser and other innovative industry sectors, Seoul’s industry ministry said.During a meeting with Lithuania’s Vice Economy Minister Jovita Neliupsiene in Seoul, Depu…
SEOUL– KT&G Corp., South Korea’s dominant tobacco company, said Thursday its second-quarter net profit jumped 34 percent from a year earlier helped by a weak won.Net profit for the three months ended in June rose to 330.1 billion won (US$250 million) …
SEOUL– Seoul shares ended on foreign buying on Wednesday. The South Korean won rose against the U.S. dollar.The benchmark Korea Composite Stock Price Index (KOSPI) rose 11.66 points, or 0.47 percent, to close at 2,473.11 points.Trading volume was mode…
SEOUL– Kolon Industries Inc. on Thursday reported its second-quarter net income of 44.2 billion won (US$33.7 million), down 43.1 percent from a year earlier.Operating profit for the April-June period was 88.5 billion won, down 16.2 percent from a year…
SEOUL– BGF Retail, the operator of CU convenience stores, said Thursday its second-quarter net income rose 22.6 percent from a year earlier, thanks to promotional events and its popular dessert products.BGF logged a net profit of 57.4 billion won (US$…
SEOUL– Lee Yong-soo, a South Korean victim of Japan’s wartime military sexual slavery, suffered minor injuries after being pushed off her wheelchair while waiting to meet visiting U.S. House Speaker Nancy Pelosi in Seoul on Thursday.According to a gro…
SEOUL– Korean Air Lines Co. said Thursday its second-quarter net profit more than tripled from a year earlier on robust cargo deals and recovering travel demand.Net profit for the three months ended in June jumped to 450.41 billion won (US$344 million…
SEOUL– South Korea’s new COVID-19 cases stayed above 100,000 for the third straight day Thursday amid a fresh wave of infections driven by a highly infectious omicron variant.The country added 107,894 new COVID-19 infections, including 435 from overse…