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S. Korea reports new African swine fever case in 2 months
SEOUL, Nov. 10 (Yonhap) -- South Korea has begun slaughtering nearly 5,500 pigs, and issued a standstill order on pig farms and related facilities in northern regions in the wake of the first African swine fever (ASF) case in about two months, the ag
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(LEAD) SK Telecom Q3 net profit down 66.7 pct after spinoff of chip biz
(ATTN: RECASTS with more details; CHANGES headline; ADDS photo)SEOUL, Nov. 10 (Yonhap) -- SK Telecom Co., South Korea's largest wireless carrier, said Thursday its third-quarter net profit dropped 66.7 percent from a year earlier due mainly to la
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(LEAD) Regulator proposes opening information-sharing channel with financial firms on overseas markets
(ATTN: ADDS more info, photo)SEOUL, Nov. 10 (Yonhap) -- South Korea's financial regulator on Thursday proposed opening an "information-sharing channel" with local financial institutions on overseas market conditions to better respond
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(LEAD) SK Biopharmaceuticals' Q3 loss narrows on robust sales
(ATTN: RECASTS throughout; CHANGES headline; ADDS photo)SEOUL, Nov. 10 (Yonhap) -- SK Biopharmaceuticals Co., a biopharmaceutical affiliate of SK Group, said Thursday its net losses narrowed in the third quarter from a year earlier thanks to robust s
Grand Korea Leisure turns to black in Q3
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SEOUL, Nov. 10 (Yonhap) -- Grand Korea Leisure Co. on Thursday reported its third-quarter net income of 5 billion won (US$3.6 million), turning from a loss of 23.4 billion won a year earlier.Operating income for the July-September period was 4.6 bill
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(LEAD) E-commerce giant Coupang swings to profit in Q3, the first since 2014
(ATTN: ADDS quote in para 10, more info in paras 11, 14-15; CHANGES photo)SEOUL, Nov. 10 (Yonhap) -- E-commerce giant Coupang Inc. said Thursday it swung to the black in the third quarter for the first time since 2014, when it introduced its ultrafas
SK Telecom Q3 net profit down 66.7 pct to 245.6 bln won
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SEOUL, Nov. 10 (Yonhap) -- SK Telecom Co. on Thursday reported its third-quarter net income of 245.6 billion won (US$180.4 million), down 66.7 percent from a year earlier.The company said in a regulatory filing that operating profit for the July-Sept
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(2nd LD) S. Korea to begin eased lending rules next month
(ATTN: ADDS details in last para, photo)SEOUL/SEJONG, Nov. 10 (Yonhap) -- South Korea will carry out eased lending rules for first-time homebuyers and owners of one home next month as the once-hot housing market appears to be entering a downturn amid
Regulator proposes opening information-sharing channel with financial firms on overseas markets
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SEOUL, Nov. 10 (Yonhap) -- South Korea's financial regulator on Thursday proposed opening an "information-sharing channel" with local financial institutions on overseas market conditions to better respond to offshore developments and
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(LEAD) S. Korea to begin eased lending rules next month
(ATTN: UPDATES details in paras 3-4, 9-11)SEOUL, Nov. 10 (Yonhap) -- South Korea will carry out eased lending rules for first-time homebuyers and owners of one home next month as the once-hot housing market appears to be entering a downturn amid risi
SKC shifts to loss in Q3
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SEOUL, Nov. 10 (Yonhap) -- SKC Ltd. on Thursday reported its third-quarter net loss of 9.9 billion won (US$7.3 million), shifting from a profit of 185.2 billion won a year earlier.Operating income for the July-September period was 36.1 billion won, d
SK Biopharmaceuticals remains in red in Q3
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SEOUL, Nov. 10 (Yonhap) -- SK Biopharmaceuticals Co. on Thursday reported its third-quarter net loss of 15 billion won (US$10.9 million), remaining in the red compared with a year ago.The company said in a regulatory filing that it continued to post
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E-commerce giant Coupang swings to profit in Q3, the first since 2014
SEOUL, Nov. 10 (Yonhap) -- E-commerce giant Coupang Inc. said Thursday it swung to the black in the third quarter for the first time since 2014, when it introduced its ultra-fast delivery service, Rocket Delivery.Net income came to US$90.7 million in
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S. Korea to begin eased lending rules next month
SEOUL, Nov. 10 (Yonhap) -- South Korea will carry out eased lending rules for first-time homebuyers and owners of one home next month as the once red-hot housing market appears to be entering a downturn amid rising interest rates, the land ministry s
Top headlines in major S. Korean newspapers
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SEOUL, Nov. 10 (Yonhap) -- The following are the top in major South Korean newspapers on Nov. 10.Korean-language dailies-- Revised elementary, middle school textbooks become 'more conservative' (Kyunghyang Shinmun)-- 'Red wave' fizzl
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S. Korea seeks to create massive clean hydrogen ecosystem
SEOUL, Nov. 9 (Yonhap) -- South Korea vowed Wednesday to significantly boost the use and production of clean hydrogen by extending support for securing advanced technologies and building infrastructures with a goal to achieve zero-emission goals and
Regulator punishes Woori Bank for misselling of Lime funds
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SEOUL, Nov. 9 (Yonhap) -- South Korea's financial regulator said Wednesday that it has decided to take punitive action against Woori Bank for misspelling of funds run by now-defunct Lime Asset Management.The Financial Services Commission (FSC) sa
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Won hits 2-month high on hopes for slowdown in Fed's rate hikes, China's reopening
SEOUL, Nov. 9 (Yonhap) -- The South Korean currency rose for the fourth straight session and hit a two-month high Wednesday on hopes that the U.S. Federal Reserve could slow the pace of rate increases and China might ease up on its long-held tight co
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(LEAD) HMM's Q3 net rises 13.3 pct despite industry slump concerns
(ATTN: ADDS more info in 5-8 paras) SEOUL, Nov. 9 (Yonhap) -- HMM Co., South Korea's top container shipper, said Wednesday its third-quarter earnings rose more than 13 percent on-year despite worries about an industry slump.Consolidated net profi
Korea Investment Holdings Q3 net profit down 77.8 pct to 166.9 bln won
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SEOUL, Nov. 9 (Yonhap) -- Korea Investment Holdings Co. on Wednesday reported its third-quarter net income of 166.9 billion won (US$122.3 million), down 77.8 percent from a year earlier.Operating income for the July-September period was 182.3 billion
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