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Kakao Pay remains in red in Q3
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SEOUL, Nov. 1 (Yonhap) -- Kakao Pay Corp. on Tuesday reported its third-quarter net loss of 4.7 billion won (US$3.3 million), remaining in the red compared with a year ago.The company said in a regulatory filing that it continued to post an operating
S. Korea's FX trading jumps, stands at 15th largest in world: survey
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SEOUL, Nov. 1 (Yonhap) -- South Korea's daily foreign exchange trading jumped 22.5 percent over the past three years, with its amount representing the world's 15th largest, a report showed Tuesday.According to the report compiled by the Bank
Online shopping up 11.8 pct in Sept. on travel services
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By Kang Yoon-seungSEJONG, Nov. 1 (Yonhap) -- Online shopping in South Korea advanced 11.8 percent on-year in September as the demand for travel services increased on eased COVID-19 restrictions, data showed Tuesday.The value of online shopping transa
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Samsung Electronics quietly holds founding anniversary
SEOUL, Nov. 1 (Yonhap) -- Samsung Electronics Co., the world's largest memory chip and smartphone maker, quietly celebrated the 53rd anniversary of its foundation Tuesday amid a nationwide mourning of the tragic deaths of 155 people in Seoul.The
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(2nd LD) S. Korea's exports down for first time in 2 years; trade deficit extended
(ATTN: ADDS details in 4th para, emergency meeting in last 3 paras; RECASTS headline to highlight more info)By Oh Seok-minSEOUL, Nov. 1 (Yonhap) -- South Korea's exports logged an on-year decline in October for the first time in two years on slug
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(LEAD) S. Korea's exports down 5.7 pct in Oct., first on-year decline in 2 years
(ATTN: ADDS more details in last 11 paras, byline)By Oh Seok-minSEOUL, Nov. 1 (Yonhap) -- South Korea's exports logged an on-year decline in October for the first time in two years on sluggish global demand amid high inflation and an economic slo
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(LEAD) Financial groups to pump 95 tln won to ease market crunch
(ATTN: ADDS details in paras 7-8, 10, 14-15)SEOUL, Nov. 1 (Yonhap) -- South Korea's five large financial groups decided Tuesday to inject a large amount of liquidity into the financial market to help ease its recent volatility.The decision to pum
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Korea Sale Festa kicks off in low-key manner over Itaewon tragedy
SEOUL, Nov. 1 (Yonhap) -- The largest-ever annual shopping event in South Korea kicked off on Tuesday amid efforts to boost private spending, the industry ministry said Tuesday.The Korea Sale Festa, the Korean equivalent of Black Friday, will be held
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Financial groups to pump 95 tln won to ease market crunch
SEOUL, Nov. 1 (Yonhap) -- South Korea's five large financial groups decided Tuesday to inject a large amount of liquidity into the financial market to help ease its recent volatility.The decision to pump 95 trillion won (US$66.5 billion) into the
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S. Korea's exports down 5.7 pct in Oct., first on-year decline in 2 years
SEOUL, Nov. 1 (Yonhap) -- South Korea's exports logged an on-year decline in October for the first time in two years on sluggish global demand amid high inflation and an economic slowdown, the trade ministry said Tuesday.The country also suffered
(URGENT) S. Korea's exports down 5.7 pct in Oct., first on-year decline in 2 years
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(END)
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Lower freight rates hit HMM's Q3 earnings: market tracker
SEOUL, Nov. 1 (Yonhap) -- South Korean container shipper HMM Co.'s third-quarter earnings probably edged down from three months earlier due to lower freight rates, a market tracker said Tuesday.The operating income of HMM, the country's top i
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(LEAD) S. Korea, Poland sign MOU on nuclear power plant project
(ATTN: ADDS details in paras 10-11)SEOUL, Oct. 31 (Yonhap) -- South Korea and Poland signed an agreement Monday to jointly push for a plan to build a nuclear power plant in the European nation, raising hopes for Seoul's first nuclear power plant
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S. Korea, Poland sign MOU on nuclear power plant project
SEOUL, Oct. 31 (Yonhap) -- South Korea and Poland signed an agreement Monday to jointly push for a plan to build a nuclear power plant in the European nation, raising hopes for Seoul's first nuclear power plant export in more than a decade, Seoul
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(LEAD) Amorepacific Group's net income drop 29 pct in Q3
SEOUL, Oct. 31 (Yonhap) -- Amorepacific Group's suffered steep losses in its top and bottom line figures announced Monday, as the group reels from China's economic slowdown.Net income was 32.3 billion won (US$22.7 million) on a consolidated b
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(LEAD) LG Chem posts profit growth in Q3 on strong battery components biz
(ATTN: ADDS more details throughout; CHANGES headline, lead) SEOUL, Oct. 31 (Yonhap) -- LG Chem Ltd. said Monday its third-quarter operating profit grew 23.9 percent from a year earlier on the back of strong battery materials demand that helped offse
Amorepacific Group Q3 net income down 29 pct to 32.3 bln won
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SEOUL, Oct. 31 (Yonhap) -- Amorepacific Group on Monday reported its third-quarter net profit of 32.3 billion won (US$22.7 million), down 29 percent from a year earlier.The company said in a regulatory filing that it posted 33 billion won in operatin
Hanwha Q3 net income up 64.9 pct to 850.7 bln won
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SEOUL, Oct. 31 (Yonhap) -- Hanwha Corp. on Monday reported its third-quarter net profit of 850.7 billion won (US$597.3 million), up 64.9 percent from a year earlier.The company said in a regulatory filing that operating profit for the July-September
Amorepacific Q3 net income down 43.4 pct to 21.8 bln won
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SEOUL, Oct. 31 (Yonhap) -- Amorepacific Corp. on Monday reported its third-quarter net income of 21.8 billion won (US$15.3 million), down 43.4 percent from a year earlier.The company said in a regulatory filing that it posted 18.8 billion won in oper
Korea Aerospace Industries Q3 net income up 645.7 pct to 52.2 bln won
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SEOUL, Oct. 31 (Yonhap) -- Korea Aerospace Industries Ltd. on Monday reported its third-quarter net profit of 52.2 billion won (US$36.6 million), up 645.7 percent from a year earlier.The company said in a regulatory filing that operating profit for t
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