Day: February 21, 2024

Hanwha Ocean shifts to black in Q4

SEOUL, Hanwha Ocean Co. on Wednesday reported its fourth-quarter net profit of 286 billion won (US$214.1 million), turning from a loss of 430.3 billion won a year earlier.

The company said in a regulatory filing that it continued to post an operating…

Read more

(EDITORIAL from Korea Herald on Feb. 21)

The financial risks prompted by the slowdown of the commercial real estate market in the US and elsewhere are now spilling over to South Korean banks at a worrying pace, suggesting that they are likely to incur great losses, partly due to their poor i…

Read more

(EDITORIAL from Korea Times on Feb. 21)

Lee Nak-yon, former co-chairman of the merged Reform Party, Tuesday convened a press conference and said he would be leaving the Reform Party, just 11 days after the merger announcement.

“I will return to the Saemirae Party, and reorganize the party …

Read more

Recent News