South Korean tech giant Naver Corp. said Friday its fourth-quarter net profit jumped 129 percent from a year earlier, largely driven by robust growth of its commerce and fintech businesses.

The net profit came to 301.8 billion won (US$226.6 million)…

Hankook and Company Co. on Friday reported a 2023 net income of 183.8 billion won (US$139 million), up 10.7 percent from a year earlier.

Operating income for the year was 253 billion won, up 3.2 percent on-year, the company said in a regulatory fi…

Prosecutors on Friday sought a one-year prison sentence for O Yeong-su, the winner of a 2022 Golden Globe award for his role in “Squid Game,” on charges of sexually harassing a woman in 2017.

The 79-year-old O was indicted in November 2022 over alle…

Today (%) Previous Session(%) Change (BP)

1-year TB 3.333 3.338 -0.5

2-year TB 3.309 3.320 -1.1

3-year TB 3.248 3.267 -1.9

10-year TB 3.287 3.339 -5.2

2-year MSB 3.304 3.319 -1.5

3-year CB (AA-) 3.982 4.001 -1.9

91-day CD 3.680 3.680 0.0

(END…

The ruling People Power Party (PPP) on Friday proposed a revision bill calling for the establishment of an independent government agency handling immigration affairs, a lawmaker said Friday, in a move to tackle South Korea’s population decline.

The …

South Korea and Australia agreed to promptly proceed with relevant procedures for cross-border carbon dioxide transport, to pave the way for the bilateral carbon capture and storage (CCS) project, officials said Friday.

The agreement was reached as …