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S. Korean ad market soars 20.4 pct in 2021 amid pandemic
SEOUL, Feb. 10 (Yonhap) -- South Korea's advertising market grew at the fastest-ever pace in 2021 on a surge in digital advertisements amid the coronavirus pandemic, a report showed Thursday.Advertising expenses in Asia's fourth-largest econo
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(3rd LD) S. Korea's current account surplus halved on-year in December amid soaring imports
(ATTN: ADDS BOK official's comments in paras 5-6)SEOUL, Feb. 10 (Yonhap) -- South Korea's current account surplus was halved in December from a year earlier as imports grew at a much faster pace than exports amid higher energy and raw materia
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(2nd LD) S. Korea's current account surplus halved on-year in December amid soaring imports
(ATTN: ADDS details in paras 7, 11, 13)SEOUL, Feb. 10 (Yonhap) -- South Korea's current account surplus was halved in December from a year earlier as imports grew at a much faster pace than exports amid higher energy and raw material prices, cent
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Policymakers to meet over economic risk factors, market volatility
SEOUL, Feb. 10 (Yonhap) -- Finance Minister Hong Nam-ki said Thursday he will meet with the central bank chief and the top financial regulator this week to discuss policy coordination, volatility in the financial market and economic risk factors.Hong
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(LEAD) S. Korea's current account surplus halved on-year in December amid soaring imports
(ATTN: ADDS more info in last 6 paras)SEOUL, Feb. 10 (Yonhap) -- South Korea's current account surplus was halved in December from a year earlier as imports grew at a much faster pace than exports amid higher energy and raw material prices, centr
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S. Korea's current account surplus halved on-year in December amid soaring imports
SEOUL, Feb. 10 (Yonhap) -- South Korea's current account surplus was halved in December from a year earlier as imports grew at a much faster pace than exports amid higher energy and raw material prices, central bank data showed Thursday. The curr
(URGENT) S. Korea posts current account surplus of US$6.06 bln in December: BOK
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(END)
(EDITORIAL from Korea Herald on Feb. 10)
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Toxic mixKoreans feeling the pinch due to runaway inflation, heavy taxationSouth Koreans have been going through a truly tough period, not only because of the protracted pandemic, but also because of a toxic mix of surging prices, taxes, and social i
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(LEAD) Singapore OKs Korean Air-Asiana combination
(ATTN: UPDATES details in 4th para)SEOUL, Feb. 9 (Yonhap) -- Korean Air Lines Co. said Wednesday it has received "unconditional" regulatory approval from Singapore for its integration with Asiana Airlines Inc. in a move that could speed u
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(LEAD) Woori Financial reports 85.3 pct rise in 2021 earnings on increased interest income
(ATTN: ADDS more info in last 4 paras)SEOUL, Feb. 9 (Yonhap) -- Woori Financial Group, a major South Korean banking group, reported a 85.3 percent rise in its 2021 earnings thanks to increased interest income and strong business performance in its af
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(2nd LD) SK Telecom's Q4 net down 14 pct on non-telecom spinoff
(ATTN: ADDS more info in paras 7, 11-14 with comments from conference call)SEOUL, Feb. 9 (Yonhap) -- SK Telecom Co., South Korea's largest mobile carrier, said Wednesday its fourth-quarter net profit fell 14 percent from a year earlier due mainly
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(LEAD) Amorepacific Group's net loss narrows in Q4 on strong online sales
(ATTN: UPDATES with more info throughout; CHANGES headline; ADDS image)SEOUL, Feb. 9 (Yonhap) -- South Korean beauty care behemoth Amorepacific Group on Wednesday said its net loss narrowed in the fourth quarter from a year earlier thanks to strong o
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Woori Financial reports 85.3 pct rise in 2021 earnings on increased interest income
SEOUL, Feb. 9 (Yonhap) -- Woori Financial Group, a major South Korean banking group, reported a 85.3 percent rise in its 2021 earnings thanks to increased interest income and strong business performance in its affiliates. Net profit came to 2.81 tril
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SK Inc. to pay out 447.6 bln won in dividends
SEOUL, Feb. 9 (Yonhap) -- SK Inc., the holding firm of South Korea's No. 3 conglomerate SK Group, said Wednesday it is paying out 447.6 billion won (US$373.9 million) in dividends for the fiscal 2021 in an effort to promote shareholder value. The
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S. Korea ramps up outreach to U.S. for talks on Trump-era steel tariffs
SEOUL, Feb. 9 (Yonhap) -- South Korea on Wednesday vowed to further ramp up outreach to the United States to swiftly begin talks to revise the Section 232 tariff rules on Seoul's steel exports following Washington's recent deal with Japan.On
Woori Financial Group posts 2.8 tln won Q4 net profit
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SEOUL, Feb. 9 (Yonhap) -- Woori Financial Group Inc. on Wednesday reported its fourth-quarter net profit of 2.8 trillion won (US$2.3 billion).The company said in a regulatory filing that it posted an operating profit of 3.65 trillion won for the Octo
Netmarble 2021 net profit down 25.2 pct to 252.9 bln won
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SEOUL, Feb. 9 (Yonhap) -- Netmarble Corp. on Wednesday reported its 2021 net profit of 252.9 billion won (US$211.4 million), down 25.2 percent from a year earlier.The company said in a regulatory filing that it posted 154.5 billion won in operating p
Netmarble Q4 net income up 4.2 pct to 107.1 bln won
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SEOUL, Feb. 9 (Yonhap) -- Netmarble Corp. on Wednesday reported its fourth-quarter net profit of 107.1 billion won (US$89.5 million), up 4.2 percent from a year earlier.Operating profit for the October-December period was 57.5 billion won, down 30.3
Mando 2021 net income up 1314.2 pct. to 196 bln won
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SEOUL, Feb. 9 (Yonhap) -- Mando Corp. on Wednesday reported its 2021 net profit of 196 billion won (US$163.8 million), up 1314.2 percent from a year earlier.The company said in a regulatory filing that it posted 235.7 billion won in operating profit
Orion 2021 net income down 4.7 pct. to 261.6 bln won
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SEOUL, Feb. 9 (Yonhap) -- Orion Corp. on Wednesday reported its 2021 net profit of 261.6 billion won (US$218.6 million), down 4.7 percent from a year earlier.The company said in a regulatory filing that it posted 372.9 billion won in operating profit
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