Day: January 30, 2024

Navy chief embarks on two-nation trip to U.S., Canada

SEOUL, South Korea’s Navy chief embarked on a two-nation trip to the United States and Canada on Tuesday to strengthen military ties and arms industry cooperation, the Navy said.

Chief of Naval Operations Adm. Yang Young-mo will arrive in the U.S. o…

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Seoul shares open higher following Wall Street gains

SEOUL, South Korean stocks got off to a strong start Tuesday, tracking overnight gains on Wall Street.

The benchmark Korea Composite Stock Price Index rose 18.70 points, or 0.75 percent, to 2,519.35 in the first 15 minutes of trading.

Overnight, U….

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Kumho Tire turns to black in 2023

SEOUL, Kumho Tire Co. on Tuesday reported its 2023 net profit of 170.7 billion won (US$128.3 million), shifting from a loss of 77.5 billion won a year earlier.

Operating income for the year was 388.3 billion won, up 1578.5 percent on-year, the compa…

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