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(LEAD) Fitch keeps S. Korea's credit rating unchanged at 'AA-,' outlook stable
(ATTN: UPDATES with more details from para 3)SEOUL, Jan. 27 (Yonhap) -- Global credit appraiser Fitch Ratings said Thursday it has reaffirmed South Korea's sovereign rating at "AA-" with a "stable" outlook.Fitch's rati
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Fitch keeps S. Korea's credit rating unchanged at 'AA-,' outlook stable
SEOUL, Jan. 27 (Yonhap) -- Global credit appraiser Fitch Ratings said Thursday it has reaffirmed South Korea's sovereign rating at "AA-" with a stable outlook.Fitch's rating for South Korea has been AA-, the fourth-highest level o
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KDB chief says EU's veto of Korean shipbuilders' tie-up based on 'self interest'
SEOUL, Jan. 27 (Yonhap) -- A recent decision by the European Union's antitrust authorities to veto a proposed combination between South Korea's two major shipbuilders was completely based on consideration of their self interest, a policy lend
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(3rd LD) S. Korea to take market-stabilizing steps if needed: official
(ATTN: UPDATES with bond market reaction in para 11; CHANGES photos)SEOUL, Jan. 27 (Yonhap) -- South Korea plans to take measures to stabilize the country's financial market when needed, a senior government official said Thursday, after the Feder
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Companies in S. Korea on edge over workplace disaster law
SEOUL, Jan. 27 (Yonhap) -- A new workplace disaster law aimed at better protecting workers from industrial accidents went into effect Thursday in South Korea, putting local companies on edge on the first day of its enforcement.Under the new law, owne
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S. Korea to sell 14.5 tln won worth of state bonds in Feb.
SEOUL, Jan. 27 (Yonhap) -- South Korea plans to sell 14.5 trillion won (US$12.05 billion) in government bonds next month, the finance ministry said Thursday.The ministry will issue 1 trillion won in Treasurys with a two-year maturity, 2.6 trillion wo
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(LEAD) Korean Air shifts to net profit in 2021 on cargo deals
(ATTN: UPDATES with details in paras 6-8, last para)SEOUL, Jan. 27 (Yonhap) -- Korean Air Lines Co., South Korea's biggest carrier, said Thursday it swung to a net profit last year as increased cargo deals offset a sharp decline in travel demand
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Korean Air shifts to net profit in 2021 on cargo deals
SEOUL, Jan. 27 (Yonhap) -- Korean Air Lines Co., South Korea's biggest carrier, said Thursday it swung to a net profit last year as increased cargo deals offset a sharp decline in travel demand amid the extended COVID-19 pandemic. Korean Air shif
DL Holdings 2021 net income up 52.9 pct to 875.5 bln won
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SEOUL, Jan. 27 (Yonhap) -- DL Holdings Co. on Thursday reported its 2021 net income of 875.5 billion won (US$727.9 million), up 52.9 percent from a year earlier.Operating income for the year was 224.1 billion won, up 88.3 percent from the previous ye
DL Holdings swings to black in Q4
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SEOUL, Jan. 27 (Yonhap) -- DL Holdings Co. on Thursday reported its fourth-quarter net profit of 3.3 billion won (US$2.8 million), shifting from a loss of 68.2 billion won a year earlier.The company said in a regulatory filing that it posted 36.2 bil
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(3rd LD) Samsung SDI Q4 net up 14.6 pct on firm EV battery sales
(ATTN: ADDS closing share price at bottom) SEOUL, Jan. 27 (Yonhap) -- South Korean battery maker Samsung SDI Co. said Thursday its net profit rose 14.6 percent in the fourth quarter from a year earlier, backed by solid growth in EV battery sales. Net
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(2nd LD) S. Korea to take market-stabilizing steps if needed: official
(ATTN: UPDATES with market close in paras 8-11, 13, 14; CHANGES photo)SEOUL, Jan. 27 (Yonhap) -- South Korea plans to take measures to stabilize the country's financial market when needed, a senior government official said Thursday, after the Fed
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(2nd LD) S-Oil Q4 net more than triples on improved demand for petrochem
(ATTN: ADDS closing share price at bottom) SEOUL, Jan. 27 (Yonhap) -- S-Oil Corp., South Korea's No. 3 oil refiner, said Thursday its fourth-quarter net profit more than tripled from a year earlier on the back of a recovery in demand for petroche
DL E&c reports 136.7 bln-won Q4 net profit
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SEOUL, Jan. 27 (Yonhap) -- DL E&c Co. on Thursday reported its fourth-quarter net profit of 136.7 billion won (US$113.6 million).The company said in a regulatory filing that it posted an operating profit of 269 billion won for the October-December pe
Cheil Worldwide Inc 2021 net profit up 5.9 pct. to 167.6 bln won
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SEOUL, Jan. 27 (Yonhap) -- Cheil Worldwide Inc on Thursday reported its 2021 net profit of 167.6 billion won (US$139.4 million), up 5.9 percent from a year earlier.The company said in a regulatory filing that it posted 248.2 billion won in operating
Cheil Worldwide Inc Q4 net profit down 49.8 pct. to 28.8 bln won
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SEOUL, Jan. 27 (Yonhap) -- Cheil Worldwide Inc on Thursday reported its fourth-quarter net profit of 28.8 billion won (US$24 million), down 49.8 percent from a year earlier.The company said in a regulatory filing that it posted 65 billion won in oper
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(2nd LD) Samsung SDI Q4 net up 14.6 pct on firm EV battery sales
(ATTN: ADDS details from conference call in paras 11, 13-14) SEOUL, Jan. 27 (Yonhap) -- South Korean battery maker Samsung SDI Co. said Thursday its net profit rose 14.6 percent in the fourth quarter from a year earlier, backed by solid growth in EV
SK Ie Technology 2021 net income up 8.4 pct to 95.5 bln won
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SEOUL, Jan. 27 (Yonhap) -- SK Ie Technology Co. on Thursday reported its 2021 net profit of 95.5 billion won (US$79.5 million), up 8.4 percent from a year earlier.Operating income for the year was 89.4 billion won, down 28.6 percent on-year, the comp
SK Ie Technology swings to red in Q4
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SEOUL, Jan. 27 (Yonhap) -- SK Ie Technology Co. on Thursday reported its fourth-quarter net loss of 8.7 billion won (US$7.2 million), swinging from a profit of 14.6 billion won a year earlier.The company said in a regulatory filing that it posted an
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(LEAD) Samsung SDI Q4 net up 14.6 pct on firm EV battery sales
(ATTN: ADDS more details on earnings throughout, photo; COMBINES story slugged Samsung SDI-2021 earnings) SEOUL, Jan. 27 (Yonhap) -- South Korean battery maker Samsung SDI Co. said Thursday its net profit rose 14.6 percent in the fourth quarter from
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