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Celltrion Q3 net income down 20.1 pct. to 140.4 bln won
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SEOUL, Nov. 10 (Yonhap) -- Celltrion Inc. on Wednesday reported its third-quarter net income of 140.4 billion won (US$118.9 million), down 20.1 percent from a year earlier.The company said in a regulatory filing that it posted 164 billion won in oper
Netmarble Q3 net income down 61.4 pct. to 35.7 bln won
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SEOUL, Nov. 10 (Yonhap) -- Netmarble Corp. on Wednesday reported its third-quarter net profit of 35.7 billion won (US$30.2 million), down 61.4 percent from a year earlier.Operating profit for the July-September period was 26.6 billion won, down 69.6
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(LEAD) HMM Q3 net at another quarterly high on flying shipping rates
(ATTN: RECASTS headline, lead; UPDATES with more details throughout; ADDS photo) By Nam Kwang-sik SEOUL, Nov. 10 (Yonhap) -- South Korea's top shipper HMM Co. said Wednesday its net income rose more than 90-fold in the third quarter from a year a
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S. Korea says it can secure over 2-month stockpile of urea solution for vehicles
SEOUL, Nov. 10 (Yonhap) -- South Korea said Wednesday it can secure a two-and-a half month stockpile of urea solution for vehicles through various means amid a short supply of the key fluid needed in diesel cars to cut emissions.The government said t
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BOK chief to meet economic experts to exchange views on economic conditions
SEOUL, Nov. 10 (Yonhap) -- South Korea's central bank chief will hold a meeting with economic experts this week to exchange views on recent economic trends, officials said Wednesday. Bank of Korea Gov. Lee Ju-yeol will meet seven economic experts
POSCO to create 25,000 youth jobs over next 3 yrs: gov't
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SEOUL, Nov. 10 (Yonhap) -- The steelmaking conglomerate POSCO has promised to create 25,000 new jobs over the next three years as part of the government's youth job and education support project, the Prime Minister's Office said Wednesday. PO
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S. Korea, Colombia agree to expand bilateral ties, regional cooperation
By Kim Eun-jungSEOUL, Nov. 10 (Yonhap) -- South Korea and Colombia agreed during foreign ministerial talks Wednesday to bolster bilateral cooperation in areas of healthcare, digital transition and climate change to overcome the fallout from the COVID
Cosmax shifts to red in Q3
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SEOUL, Nov. 10 (Yonhap) -- Cosmax Inc. on Wednesday reported its third-quarter net loss of 1.8 billion won (US$1.5 million), shifting from a profit of 625 million won a year earlier.Operating income for the July-September period was 25 billion won, u
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(LEAD) S. Korea confirms first H5N1 bird flu outbreak this year
(ATTN: RECASTS throughout with details; CHANGES headline)SEOUL, Nov. 10 (Yonhap) -- South Korea has confirmed the first outbreak of the H5N1 bird flu virus this year at a local farm as quarantine officials were culling about 770,000 poultry, the agri
Orion Q3 net income down 0.1 pct. to 76.9 bln won
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SEOUL, Nov. 10 (Yonhap) -- Orion Corp. on Wednesday reported its third-quarter net income of 76.9 billion won (US$65.1 million), down 0.1 percent from a year earlier.The company said in a regulatory filing that operating profit for the July-September
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POSCO Chemical buys stake in Chinese EV battery material producer
SEOUL, Nov. 10 (Yonhap) -- POSCO Chemical Co., a unit of South Korean steel giant POSCO, said Wednesday it plans to acquire a 15 percent stake in a Chinese manufacturer of artificial graphite anode material as part of efforts to bolster its battery m
HMM Q3 net income up 9239.8 pct. to 2.29 tln won
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SEOUL, Nov. 10 (Yonhap) -- HMM Co. on Wednesday reported its third-quarter net profit of 2.29 trillion won (US$1.9 billion), up 9239.8 percent from a year earlier.The company said in a regulatory filing that it posted 2.27 trillion won in operating p
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HHIH to launch 34 bln-won fund for digital health care and biotechnology
By Nam Kwang-sik SEOUL, Nov. 10 (Yonhap) -- Hyundai Heavy Industries Holdings Co. (HHIH), the world's largest shipbuilding group, said Wednesday it will launch a 34 billion-won (US$28.8 million) fund to support promising startups in the digital h
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SK hynix distances itself from global supply chain crisis in report to U.S. gov't
By Woo Jae-yeonSEOUL, Nov. 10 (Yonhap) -- SK hynix Inc., a major global memory chip supplier, distanced itself from the on-going chip shortages that have snarled production of cars and consumer electronic products around the globe, a report filed wit
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(LEAD) China confirms plan for export process of 18,700 tons of urea to S. Korea: Seoul ministry
(ATTN: UPDATES throughout with details on urea supply, military's shipment operation)By Kim Eun-jungSEOUL, Nov. 10 -- China has confirmed it will go ahead with inspection processes on 18,700 tons of urea used in automobiles before exporting it to
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(LEAD) SK Telecom Q3 net profit up 88 pct on equity gain, 5G growth
(ATTN: RECASTS throughout with details; CHANGES headline; ADDS photo)SEOUL, Nov. 10 (Yonhap) -- SK Telecom Co., South Korea's top wireless carrier, said Wednesday its third-quarter net income rose 88 percent on-year thanks to growth in 5G users a
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S. Korea reports more suspected cases of highly pathogenic bird flu at local farm
SEOUL, Nov. 10 (Yonhap) -- South Korea on Wednesday reported suspected cases of highly pathogenic bird flu from a local farm, a day after detecting similar cases from a nearby farm for the first time in months, the agricultural ministry said.The late
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Bond issuance in S. Korea jumps in Oct.
SEOUL, Nov. 10 (Yonhap) -- Bond issuance in South Korea rose sharply in October from the previous month due to increased debt sales by financial firms and the government, data showed Wednesday.The value of bonds sold in Asia's fourth-largest econ
SK Telecom Q3 net profit up 88 pct. to 736.5 bln won
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SEOUL, Nov. 10 (Yonhap) -- SK Telecom Co. on Wednesday reported its third-quarter net profit of 736.5 billion won (US$623.3 million), up 88 percent from a year earlier.The company said in a regulatory filing that it posted 400 billion won in operatin
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U.S. top trade official says chip info sharing 'inevitable' under 'unprecedented' situation
By Oh Seok-minSEOUL, Nov. 10 (Yonhap) -- U.S. Commerce Secretary Gina Raimondo has said that Washington's recent request on South Korean and major global chipmakers to submit trade data was an "inevitable" measure under "unprece
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