SEOUL– President Yoon Suk-yeol will hold a bilateral summit with U.S. President Joe Biden and a separate trilateral summit also involving Japanese Prime Minister Fumio Kishida on the sidelines of upcoming regional gatherings in Southeast Asia, his office said. Yoon is set to leave Friday on a six-day trip that will take him first … Read more
SEOUL– Hyosung Advanced Materials Corp. on Thursday reported its third-quarter net profit of 26 billion won (US$18.9 million), down 73.9 percent from a year earlier. Operating income for the July-September period was 66.1 billion won, down 52.8 percent from a year ago, the company said in a regulatory filing. Sales rose 0.9 percent to … Read more
SEOUL– President Yoon Suk-yeol on Thursday met with the speaker of Indonesia’s House of Representatives and discussed ways to strengthen cooperation between the two countries, his office said. Yoon emphasized to Speaker Puan Maharani that Indonesia is the only country in Southeast Asia that has a special strategic partnership with South Korea, and asked … Read more
SEOUL– South Korea’s top military officer stressed the importance of maintaining full readiness as he made an on-site inspection of the annual computer-simulated Taegeuk drills this week, his office said. Gen. Kim Seung-kyum, chair of the Joint Chiefs of Staff (JCS), visited the Army’s Ground Operations Command in Yongin, 49 kilometers south of Seoul, … Read more
SEOUL– The new head of the U.N. human rights agency’s office in South Korea on Thursday called on North Korea to use resources for improving its dire human rights situations instead of focusing on provocative acts, like missile launches. James Heenan, representative of the U.N. Human Rights Office in Seoul, made the remarks during … Read more
SEOUL– G Enone Energy Co.on Thursday announced that it will sell stock to raise 12.5 billion won (US$9.1 million). The proceeds from the stock offering will be used primarily to finance its operations. According to a regulatory filing, the company will issue some 5.56 million common shares at a price of 2,245 won per … Read more
SEOUL– First lady Kim Keon-hee on Thursday visited a hospital in Seoul to meet with the family of a soldier who was pronounced brain dead the previous day after being injured in the Itaewon crowd crush, the presidential office said. Kim visited the bereaved family members at Ewha Womans University Mokdong Hospital in western … Read more
SEOUL– South Korea and Saudi Arabia agreed Thursday to deepen economic ties and boost business cooperation in various areas, including smart city, hydrogen and bio industries, Seoul’s industry ministry said. Industry Minister Lee Chang-yang and Saudi Arabia’s Investment Minister Khalid Al-Falih reached the consensus during their talks in Seoul, according to the Ministry of … Read more