SEOUL, BGF Retail Co. on Wednesday reported its 2023 net income of 195.8 billion won (US$147.5 million), up 1.2 percent from a year earlier.
The company said in a regulatory filing that it posted 253.2 billion won in operating profit for the year, c…
SEOUL, KCC Corp. on Wednesday reported its fourth-quarter net profit of 17.3 billion won (US$13 million), down 78.3 percent from a year earlier.
Operating profit for the October-December period was 55.3 billion won, down 4 percent from a year ago, t…
SEOUL, Lotte Chemical Corp. on Wednesday reported its 2023 net loss of 301 billion won (US$226.7 million), turning from a profit of 27.8 billion won a year earlier.
The company said in a regulatory filing that it continued to post an operating loss …
SEOUL, South Korea has experienced a continued slowdown in private consumption and investment due to high interest rates, though rising exports mitigated an economic downturn, a state-run think tank said Wednesday.
“High interest rates persistently …
SEOUL, A notorious home rental scammer convicted of defrauding 191 tenants of 14.8 billion won (US$11.2 million) after signing “jeonse” contracts was given the maximum prison sentence for fraud by a court Wednesday.
The Incheon District Court in Inc…
SEOUL, South Korean shares traded higher late Wednesday morning, buoyed by large cap gains.
The benchmark Korea Composite Stock Price Index (KOSPI) added 40.98 points, or 1.59 percent, to 2,617.18 as of 11:20 a.m.
The index had opened slightly high…
Abuja: At a bustling food market in Nigeria’s capital, Mummy Christiana breaks down in tears as she describes how a conflict thousands of kilometers away leaves her family struggling to