SEOUL, South Korean stocks opened lower Wednesday as investors sought profits.

The benchmark Korea Composite Stock Price Index fell 12.29 points, or 0.5 percent, to 2,466.32 in the first 15 minutes of trading.

Overnight, the Dow Jones Industrial Av…

SEOUL, The main opposition Democratic Party (DP) on Wednesday unveiled a set of campaign pledges aimed at enhancing the welfare of military personnel, ahead of April’s parliamentary elections.

The measures include an increase in night duty pay for s…

SEOUL, The Navy said Wednesday its special force units have been staging wintertime training to bolster their readiness posture against rising North Korean threats.

The training of the underwater demolition team (UDT) and Navy Sea, Air, and Land Tea…

SEOUL, Samsung Biologics Co., the biotech arm of South Korea’s Samsung Group, said Wednesday its net profit fell 21.4 percent on-year in the fourth quarter of last year due largely to a one-off factor.

Its net income came to 290.7 billion won (US$21…

SEOUL, Stock retirement by major listed companies in South Korea jumped more than 30 percent in 2023 from a year earlier, a corporate tracker said Wednesday.

A total of 382 listed firms repurchased their own shares worth 8.4 trillion won (US$6.3 bil…

SEOUL, LG Display Co. on Wednesday reported its 2023 net loss of 2.57 trillion won (US$1.9 billion), remaining in the red compared with the previous year.

The company said in a regulatory filing that it continued to post an operating loss of 2.51 tr…