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LG Chem Q3 net profit up 5 pct to 713.9 bln won
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SEOUL, Oct. 31 (Yonhap) -- LG Chem Ltd. on Monday reported its third-quarter net profit of 713.9 billion won (US$501.2 million), up 5 percent from a year earlier.The company said in a regulatory filing that it posted 901.2 billion won in operating pr
Dongkuk Steel Mill Q3 net income down 29.9 pct to 139.3 bln won
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SEOUL, Oct. 31 (Yonhap) -- Dongkuk Steel Mill Co. on Monday reported its third-quarter net profit of 139.3 billion won (US$97.9 million), down 29.9 percent from a year earlier.Operating income for the July-September period was 148.5 billion won, down
Hanwha Aerospace Q3 net profit up 16.9 pct to 87.3 bln won
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SEOUL, Oct. 31 (Yonhap) -- Hanwha Aerospace Co. on Monday reported its third-quarter net profit of 87.3 billion won (US$61.3 million), up 16.9 percent from a year earlier.The company said in a regulatory filing that operating income for the July-Sept
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Retail sales up 7.5 pct in September amid growing outdoor activities
SEOUL, Oct. 31 (Yonhap) -- Retail sales in South Korea grew 7.5 percent on-year in September on an increase in people's outdoor activities amid eased antivirus curbs, data showed Monday.The combined sales of 25 major offline and online retailers
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(2nd LD) Industrial output falls for 3rd month; retail sales, facility investment retreat in Sept.
(ATTN: TRIMS, ADDS details in paras 12-14, photo)By Kang Yoon-seungSEOUL, Oct. 31 (Yonhap) -- South Korea's industrial output fell in September for the third month in a row, data showed Monday, with retail sales and facility investment also losin
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S. Korean businesses cancel Halloween promotional events after Itaewon tragedy
SEOUL, Oct. 31 (Yonhap) -- South Korean businesses have canceled their Halloween promotional events as the country mourns the death of more than 150 people in a massive stampede in central Seoul, companies said Monday.Lotte Department Store, a leadin
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Tax revenue up 43.1 tln won through Sept.
SEOUL, Oct. 31 (Yonhap) -- South Korea's tax revenue grew 43.1 trillion won (US$30.3 billion) in the first nine months of 2022 from a year earlier, data showed Monday, due to improved corporate income tax.Tax revenue amounted to 317.6 trillion wo
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Exports of passenger cars up 30 pct in Q3
SEOUL, Oct. 31 (Yonhap) -- Exports of passenger cars advanced 30.1 percent in the third quarter of the year from a year earlier, data showed Monday, on the back of growing demand for eco-friendly vehicles.Carmakers here shipped passenger cars worth a
LS Electric Q3 net profit up 52 pct to 13.8 bln won
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SEOUL, Oct. 31 (Yonhap) -- LS Electric Co. on Monday reported its third-quarter net income of 13.8 billion won (US$9.7 million), up 52 percent from a year earlier.Operating profit for the July-September period was 60.7 billion won, up 50.2 percent fr
Hanwha Life Insurance Q3 net income up 2.6 pct to 388.9 bln won
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SEOUL, Oct. 31 (Yonhap) -- Hanwha Life Insurance Co. on Monday reported its third-quarter net income of 388.9 billion won (US$273.5 million), up 2.6 percent from a year earlier.The company said in a regulatory filing that operating income for the Jul
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(LEAD) Industrial output falls for 3rd month; retail sales, facility investment retreat in Sept.
(ATTN: RECASTS headline, lead; UPDATES with details throughout)By Kang Yoon-seungSEOUL, Oct. 31 (Yonhap) -- South Korea's industrial output fell in September for the third month in a row, data showed Monday, with retail sales and facility investm
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Industrial output falls for 3rd month in Sept.
SEOUL, Oct. 31 (Yonhap) -- South Korea's industrial output fell in September for the third month in a row, data showed Monday, with retails sales and facility investment also losing ground amid concerns over a recession.Industrial production decl
(URGENT) Industrial output falls 0.6 pct in Sept.; retail sales down 1.8 pct
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Meritz Securities Q3 net profit up 13.7 pct to 217.5 bln won
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SEOUL, Oct. 31 (Yonhap) -- Meritz Securities Co. on Monday reported its third-quarter net profit of 217.5 billion won (US$153 million), up 13.7 percent from a year earlier.The company said in a regulatory filing that operating profit for the July-Sep
(EDITORIAL from Korea JoongAng Daily on Oct. 31)
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Condolences to those who lost loved onesThe entire nation is expressing its condolences after the unprecedented disaster in Itaewon on Saturday, days before Halloween. Over 100,000 citizens rushed to the neighborhood for the first celebration with ea
(EDITORIAL from Korea Herald on Oct. 31)
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Abrupt warningPutin makes threatening remarks about Seoul's support for UkraineRussian President Vladimir Putin issued an abrupt warning to South Korea on Thursday.Putin reportedly said that South Korea has decided to supply weapons and ammunitio
(EDITORIAL from Korea Times on Oct. 31)
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Halloween nightmareTake bolder action to prevent recurrenceAn unprecedented deadly stampede has sent shockwaves throughout the country. The tragedy occurred in Itaewon, a popular Seoul nightlife district, on Saturday night when huge crowds of partygo
Top headlines in major S. Korean newspapers
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SEOUL, Oct. 31 (Yonhap) -- The following are the top in major South Korean newspapers on Oct. 31.Korean-language dailies-- At least 154 killed in Halloween stampede in Seoul's Itaewon (Kyunghyang Shinmun)-- At least 154, mostly in 20s & 30s, kil
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Finance minister vows swift necessary support after Itaewon tragedy
SEOUL, Oct. 30 (Yonhap) -- Finance Minister Choo Kyung-ho vowed Sunday to provide swift financial and administrative support needed in the wake of the deadly stampede in the Itaewon district that killed over 150 people. In an emergency meeting, Choo
Hanwha Solutions to raise 70 bln won via stock offering
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SEOUL, Oct. 28 (Yonhap) -- Hanwha Solutions Corp.on Friday announced that it will sell stock to raise 70 billion won (US$49.2 million). The proceeds from the stock sale will be used mainly to finance its operations.According to a regulatory filing, t
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