Day: February 2, 2024

S. Korea, UAE agree to strengthen defense cooperation

South Korea and the United Arab Emirates (UAE) have agreed to bolster their bilateral cooperation in defense and the arms industry, Seoul’s defense ministry said Friday.

South Korean Defense Minister Shin Won-sik met with his UAE counterpart, Mohamm…

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Naver Q4 net profit up 129 pct to 301.8 bln won

Naver Corp. on Friday reported its fourth-quarter net income of 301.8 billion won (US$226.6 million), up 129 percent from a year earlier.

Operating profit for the October-December period was 405.5 billion won, up 20.5 percent from a year ago, the co…

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S. Korea’s inflation slows to 2.8 pct in January

South Korea’s inflation fell below 3 percent for the first time in six months in January, data showed Friday.

Consumer prices, a key gauge of inflation, rose 2.8 percent on-year last month, compared with a 3.2 percent increase a month earlier, accor…

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