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(URGENT) 677,000 jobs added on-year in October, 20th consecutive month of growth
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Doubleugames swings to red in Q3
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SEOUL, Nov. 9 (Yonhap) -- Doubleugames Co. on Wednesday reported its third-quarter net loss of 6.5 billion won (US$4.7 million), swinging from a profit of 43.2 billion won a year earlier.The company said in a regulatory filing that it posted 47.9 bil
Top headlines in major S. Korean newspapers
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SEOUL, Nov. 9 (Yonhap) -- The following are the top in major South Korean newspapers on Nov. 9.Korean-language dailies-- Investigators raid 55 locations over Itaewon crowd crush after Yoon's censuring of police for bungled response (Kyunghyang S
Kiwoom Securities Q3 net income down 46.9 pct to 124.1 bln won
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SEOUL, Nov. 8 (Yonhap) -- Kiwoom Securities Co. on Tuesday reported its third-quarter net income of 124.1 billion won (US$89.6 million), down 46.9 percent from a year earlier.Operating profit for the July-September period was 179.2 billion won, down
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(LEAD) GS Retail Q3 net profit sharply drops on base effect
(ATTN: ADDS details in para 4, spokesperson's comments in para 5; CHANGES headline)SEOUL, Nov. 8 (Yonhap) -- GS Retail Co., the operator of GS25 convenience stores, said Tuesday its third-quarter net income saw a sharp drop from a year earlier du
SsangYong Motor to sell shares to raise capital
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SEOUL, Nov. 8 (Yonhap) -- SsangYong Motor Co. on Tuesday announced that it will sell stock to raise capital.According to a regulatory filing, the company will issue some 1.71 million common shares at a price of 5,000 won per share. The stock will be
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(LEAD) Lotte Chemical turns to red in Q3 on weak petrochem demand
(ATTN: ADDS more details throughout, photo) SEOUL, Nov. 8 (Yonhap) -- Lotte Chemical Corp. said Tuesday it swung to losses in the third quarter from a year earlier, as weak demand for petrochemicals and falling oil prices hurt its bottom line. Net lo
Studio Dragon to raise 3 bln won via stock offering
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SEOUL, Nov. 8 (Yonhap) -- Studio Dragon Corp.on Tuesday announced that it will sell stock to raise 3 billion won(US$2.2 million). The proceeds from the stock sale will be used mainly to finance its operations.According to a regulatory filing, the com
GS Retail Q3 net profit down 94.7 pct to 40.2 bln won
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SEOUL, Nov. 8 (Yonhap) -- GS Retail Co. on Tuesday reported its third-quarter net profit of 40.2 billion won (US$29 million), down 94.7 percent from a year earlier.Operating income for the July-September period was 87.6 billion won, down 16 percent f
Kolon Industries Q3 net profit down 44.7 pct to 31.3 bln won
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SEOUL, Nov. 8 (Yonhap) -- Kolon Industries Inc. on Tuesday reported its third-quarter net profit of 31.3 billion won (US$22.6 million), down 44.7 percent from a year earlier.Operating income for the July-September period was 51 billion won, down 36.7
KEPCO Engineering & Construction turns to black in Q3
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SEOUL, Nov. 8 (Yonhap) -- KEPCO Engineering & Construction Co. on Tuesday reported its third-quarter net income of 587 million won (US$423,857), swinging from a loss of 2.7 billion won a year earlier.The company said in a regulatory filing that it co
Lotte Chemical swings to loss in Q3
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SEOUL, Nov. 8 (Yonhap) -- Lotte Chemical Corp. on Tuesday reported its third-quarter net loss of 31.1 billion won (US$22.4 million), swinging from a profit of 312.8 billion won a year earlier.The company said in a regulatory filing that it posted an
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S. Korea, U.S. discuss impacts of semiconductor export controls on China
SEOUL, Nov. 8 (Yonhap) -- South Korea and the United States on Tuesday discussed the impacts of Washington's restrictions on exports of advanced semiconductor equipment to China and ways to resolve related uncertainties in the industry, Seoul'
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S. Korea, Indonesia vow enhanced ties on key minerals, clean energy
SEOUL, Nov. 8 (Yonhap) -- South Korea and Indonesia agreed Tuesday to expand cooperation on supply chains of critical minerals and clean energy fields, Seoul's industry ministry said.The consensus was reached during the 13th energy forum held via
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(LEAD) KT Q3 net profit down 3.4 pct amid operating cost increase
(ATTN: RECASTS with more details; CHANGES headline; ADDS photo)SEOUL, Nov. 8 (Yonhap) -- KT Corp., South Korea's No. 2 wireless carrier, said Tuesday its third-quarter net profit fell 3.4 percent from a year earlier due to an increase in operatin
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Hyundai signs MOU for commercial car business in China
SEOUL, Nov. 8 (Yonhap) -- Hyundai Motor Group said Tuesday it has signed an initial pact with a Chinese investment bank to push forward its commercial car business in the world's biggest automobile market. Hyundai Motor Group China has signed a m
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(LEAD) Regulator fines Hankook Tire for unfair intra-affiliate trading
(ATTN: ADDS comment from Hankook Tire in last 3 paras)By Kang Yoon-seungSEJONG, Nov. 8 (Yonhap) -- South Korea's antitrust regulator said Tuesday it has decided to impose fines of around 8 billion won (US$5.73 million) on Hankook Tire & Technolog
Hyundai Department Store Q3 net profit up 10 pct to 69.3 bln won
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SEOUL, Nov. 8 (Yonhap) -- Hyundai Department Store Co. on Tuesday reported its third-quarter net profit of 69.3 billion won (US$50 million), up 10 percent from a year earlier.The company said in a regulatory filing that operating income for the July-
SK Networks Q3 net income down 57.2 pct to 7.9 bln won
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SEOUL, Nov. 8 (Yonhap) -- SK Networks Co. on Tuesday reported its third-quarter net profit of 7.9 billion won (US$5.7 million), down 57.2 percent from a year earlier.The company said in a regulatory filing that operating profit for the July-September
KT Q3 net income down 3.4 pct to 326.2 bln won
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SEOUL, Nov. 8 (Yonhap) -- KT Corp. on Tuesday reported its third-quarter net profit of 326.2 billion won (US$235.5 million), down 3.4 percent from a year earlier.Operating income for the July-September period was 452.9 billion won, up 18.4 percent fr
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