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(3rd LD) LG Display's Q3 net losses deepen on slumping demand

(ATTN: ADDS share price at bottom)By Woo Jae-yeonSEOUL, Oct. 26 (Yonhap) -- LG Display Co. said Wednesday its operating losses widened in the third quarter on slowing demand for its key products and falling prices, while remaining in deficit for the
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Asiana to reopen some routes to China amid eased virus curbs

SEOUL, Oct. 26 (Yonhap) -- Asiana Airlines Inc., South Korea's second-biggest carrier by sales, said Wednesday it will resume some routes to China next month amid eased virus curbs.Asiana plans to reopen the routes from Incheon to Hangzhou and Sh
Samsung C&T Q3 net income up 59.1 pct to 596.8 bln won

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SEOUL, Oct. 26 (Yonhap) -- Samsung C&T Corp. on Wednesday reported its third-quarter net income of 596.8 billion won (US$418.4 million), up 59.1 percent from a year earlier.The company said in a regulatory filing that operating profit for the July-Se
LG Innotek Q3 net profit up 33 pct to 302.1 bln won

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SEOUL, Oct. 26 (Yonhap) -- LG Innotek Co. on Wednesday reported its third-quarter net income of 302.1 billion won (US$211.7 million), up 33 percent from a year earlier.Operating profit for the July-September period was 444.8 billion won, up 32.5 perc
Samsung Biologics Q3 net profit down 2 pct to 129.2 bln won

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SEOUL, Oct. 26 (Yonhap) -- Samsung Biologics Co. on Wednesday reported its third-quarter net income of 129.2 billion won (US$90.5 million), down 2 percent from a year earlier.Operating income for the July-September period was 324.7 billion won, up 94
Industrial Bank of Korea Q3 net profit up 30.1 pct to 796.3 bln won

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SEOUL, Oct. 26 (Yonhap) -- Industrial Bank of Korea on Wednesday reported its third-quarter net income of 796.3 billion won (US$558.2 million), up 30.1 percent from a year earlier.Operating profit for the July-September period was 1.09 trillion won,
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(2nd LD) LG Display's Q3 net losses deepen on slumping demand

(ATTN: ADDS details in paras 8, 12-16; RESTRUCTURES)By Woo Jae-yeonSEOUL, Oct. 26 (Yonhap) -- LG Display Co. said Wednesday its operating losses widened in the third quarter on slowing demand for its key products and falling prices, while remaining i
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(LEAD) Hyundai holds groundbreaking ceremony for U.S. EV plant

(ATTN: UPDATES with background in last 3 paras; CHANGES photos) SEOUL, Oct. 26 (Yonhap) -- South Korea's Hyundai Motor Group said Wednesday it has held a groundbreaking ceremony for its dedicated electric vehicle plant in the United States as it
GS E&C Q3 net profit up 20.3 pct to 160.4 bln won

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SEOUL, Oct. 26 (Yonhap) -- GS Engineering & Construction Corp. on Wednesday reported its third-quarter net profit of 160.4 billion won (US$112.5 million), up 20.3 percent from a year earlier.Operating income for the July-September period was 125.1 bi
Major banks promise to minimize bond sale, cooperate in injecting liquidity amid market turmoil

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SEOUL, Oct. 26 (Yonhap) -- Major banks in South Korea have promised to minimize the amount of their bond sale as part of efforts to help stabilize the debt and short-term money markets reeling from the Legoland turmoil, financial authorities said Wed
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S. Korea, ADB vow deeper cooperation in health care, climate change

SEOUL, Oct. 26 (Yonhap) -- South Korea and the Asian Development Bank (ADB) agreed to broaden their cooperation in coping with global issues, including health care and climate change, the finance ministry said Wednesday. Finance Minister Choo Kyung-h
Oci Q3 net profit up 33.6 pct to 237.3 bln won

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SEOUL, Oct. 26 (Yonhap) -- Oci Co. on Wednesday reported its third-quarter net profit of 237.3 billion won (US$166.4 million), up 33.6 percent from a year earlier.Operating income for the July-September period was 289.1 billion won, up 48.6 percent f
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(2nd LD) Samsung SDI logs record high profit in Q3 on robust EV battery sales

(ATTN: ADDS more details from earnings call, background in para 7-11, photo; RESTRUCTURES)By Kim Seung-yeonSEOUL, Oct. 26 (Yonhap) -- Samsung SDI Co. said Wednesday it posted record high profit and sales in the third quarter on the back of strong dem
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(LEAD) LG Display's 3Q net losses deepen on slumping demand

(ATTN: CHANGES headline; REWRITES throughout; ADDS photo)By Woo Jae-yeonSEOUL, Oct. 26 (Yonhap) -- LG Display Co. said Wednesday its operating losses widened in the third quarter on slowing demand for its key products and falling prices, while remain
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Booking app Yeogi Eottae opens international travel service amid global reopening

SEOUL, Oct. 26 (Yonhap) -- South Korean booking platform Yeogi Eottae wants to make global travel as easy as local travel once tourism demand explodes after the pandemic, its CEO said Tuesday. "We plan to apply our affordable pricing policy and
LG Display swings to red in Q3

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SEOUL, Oct. 26 (Yonhap) -- LG Display Co. on Wednesday reported its third-quarter net loss of 774 billion won (US$542.7 million), swinging from a profit of 463.8 billion won a year earlier.The company said in a regulatory filing that it posted an ope
Samsung Electro-Mechanics Q3 net profit down 24.1 pct to 268.2 bln won

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SEOUL, Oct. 26 (Yonhap) -- Samsung Electro-Mechanics Co. on Wednesday reported its third-quarter net income of 268.2 billion won (US$188 million), down 24.1 percent from a year earlier.Operating income for the July-September period was 311 billion wo
Hyundai E&C Q3 net income up 58.2 pct to 234.8 bln won

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SEOUL, Oct. 26 (Yonhap) -- Hyundai Engineering & Construction Co. on Wednesday reported its third-quarter net income of 234.8 billion won (US$164.5 million), up 58.2 percent from a year earlier.The company said in a regulatory filing that it posted 1
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Population mobility dips to 46-year low in Sept.

SEJONG, Oct. 26 (Yonhap) -- The number of South Koreans who moved to different residences in the country sank to a 46-year low in September due to population aging and flagging housing transactions, data showed Wednesday.The number of people who chan
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Daily FX turnover down in Q3 on less exchange demand for stock investment

SEOUL, Oct. 26 (Yonhap) -- Daily foreign exchange (FX) trading by banks in South Korea shrank in the third quarter of this year due to less currency exchange demand for stock investment, central bank data showed Wednesday. The daily FX turnover, incl