BRAND

• 

  BRAND

  Delinquency ratio on bank loans inches up in May

  SEOUL, July 27 (Yonhap) -- The delinquency ratio on loans extended by banks in South Korea edged up in May from a month earlier, preliminary data showed Thursday.The delinquency ratio on banks' won-denominated loans came to 0.4 percent as of end-
• 

  BRAND

  S. Korea's total population declines for 2nd year in 2022

  By Kang Yoon-seungSEOUL, July 27 (Yonhap) -- South Korea's total population fell for the second consecutive year in 2022 amid the country's critically low births, data showed Thursday, with seniors taking up a larger portion of the population
• 

  BRAND

  S. Korea's trade terms rebound in June

  SEOUL, July 27 (Yonhap) -- South Korea's terms of trade inched up in June for the first time in more than two years as import costs fell at a faster pace than export prices, central bank data showed Thursday.The country's net terms-of-trade i
• Samsung Engineering Q2 net profit up 80.1 pct to 251.4 bln won

  BRAND

  SEOUL, July 27 (Yonhap) -- Samsung Engineering Co. on Thursday reported its second-quarter net profit of 251.4 billion won (US$197.9 million), up 80.1 percent from a year earlier.The company said in a regulatory filing that operating profit for the A
• Cheil Worldwide Inc Q2 net income up 6.4 pct to 65.3 bln won

  BRAND

  SEOUL, July 27 (Yonhap) -- Cheil Worldwide Inc on Thursday reported its second-quarter net income of 65.3 billion won (US$51.4 million), up 6.4 percent from a year earlier.The company said in a regulatory filing that it posted 84.7 billion won in ope
• 

  BRAND

  Number of trading firms tumbles in 2022 amid economic uncertainties

  SEOUL, July 27 (Yonhap) -- The number of trading firms in South Korea moved down 0.7 percent in 2022 from a year earlier, data showed Thursday, as economic uncertainties hampered business activities.Asia's fourth-largest economy had 251,246 tradi
• 

  BRAND

  Gov't recommends dismissal of KEPCO-led university chief for irregularities

  SEOUL, July 27 (Yonhap) -- The industry ministry said Thursday it seeks the dismissal of the chief of the Korea Institute of Energy Technology (Kentech) for lax management and other irregularities. Funded by the state-run utility firm Korea Electric
• 

  BRAND

  S. Korea's seaport cargo down 1.6 pct in Q2 amid global economic slowdown

  SEOUL, July 27 (Yonhap) -- Cargo processed at South Korean seaports fell 1.6 percent on-year in the second quarter on sagging global trade amid an economic slowdown, the oceans ministry said Thursday.Cargo handled at the country's ports nationwid
• 

  BRAND

  (2nd LD) LG Energy Solution's profit more than doubles in Q2

  (ATTN: ADDS more details from earnings call)By Kim Seung-yeon SEOUL, July 27 (Yonhap) -- LG Energy Solution Ltd. (LGES) said Thursday its second-quarter operating profit more than doubled from a year earlier, driven by the continued strong electric v
• 

  BRAND

  (2nd LD) Samsung SDI Q2 profit up 5 pct on solid EV demand

  (ATTN: ADDS more details from earnings call in paras 9-13)By Kim Seung-yeon SEOUL, July 27 (Yonhap) -- Samsung SDI Co. said Thursday its second-quarter operating income rose 4.9 percent from a year earlier, buoyed by solid demand in its premium elect
• 

  BRAND

  (LEAD) Hyundai Mobis Q2 net rises 21 pct on high-end parts

  (ATTN: RECASTS throughout; ADDS photo)SEOUL, July 27 (Yonhap) -- Hyundai Mobis Co., South Korea's leading auto parts maker, said Thursday its second-quarter net profit rose 21 percent from a year earlier on increased vehicle production and robust
• Samsung SDS Q2 net profit down 37.4 pct to 170.5 bln won

  BRAND

  SEOUL, July 27 (Yonhap) -- Samsung SDS Co. on Thursday reported its second-quarter net profit of 170.5 billion won (US$134 million), down 37.4 percent from a year earlier.Operating profit for the April-June period was 206.4 billion won, down 23.6 per
• 

  BRAND

  (LEAD) LG Energy Solution's profit more than doubles in Q2

  (ATTN: ADDS details throughout)By Kim Seung-yeon SEOUL, July 27 (Yonhap) -- LG Energy Solution Ltd. (LGES) said Thursday its second-quarter operating profit more than doubled from a year earlier, driven by the continued strong electric vehicle (EV) d
• Hyundai Mobis Q2 net income up 21.1 pct to 932 bln won

  BRAND

  SEOUL, July 27 (Yonhap) -- Hyundai Mobis Co. on Thursday reported its second-quarter net profit of 932 billion won (US$733.1 million), up 21.1 percent from a year earlier.Operating income for the April-June period was 663.8 billion won, up 64.6 perce
• 

  BRAND

  (LEAD) Samsung SDI Q2 profit up 5 pct on solid EV demand

  (ATTN: ADDS more details throughout)By Kim Seung-yeon SEOUL, July 27 (Yonhap) -- Samsung SDI Co. said Thursday its second-quarter operating income rose 4.9 percent from a year earlier, buoyed by solid demand in its premium electric vehicle (EV) batte
• 

  BRAND

  (2nd LD) U.S. Fed raises key rate by 25 basis points to highest level since 2001

  (ATTN: CHANGES dateline; ADDS more info paras 5-10)SEOUL/WASHINGTON, July 27 (Yonhap) -- The U.S. Federal Reserve raised its benchmark lending rate by a quarter percentage point Wednesday (U.S. time), sending it to the highest level since 2001.The ri
• 

  BRAND

  (LEAD) S. Korea to monitor volatility in finance sector amid Fed's rate hike

  (ATTN: UPDATES with details throughout; ADDS photo)By Kang Yoon-seungSEOUL, July 27 (Yonhap) -- Finance Minister Choo Kyung-ho said Thursday he will closely monitor potential volatility in the financial sector following the latest U.S. Federal Reserv
• Daewoo Engineering & Construction Q2 net profit up 321.7 pct to 204.1 bln won

  BRAND

  SEOUL, July 27 (Yonhap) -- Daewoo Engineering & Construction Co. on Thursday reported its second-quarter net income of 204.1 billion won (US$160.1 million), up 321.7 percent from a year earlier.The company said in a regulatory filing that operating i
• Samsung Electronics Q2 net income down 84.5 pct to 1.72 tln won

  BRAND

  SEOUL, July 27 (Yonhap) -- Samsung Electronics Co. on Thursday reported its second-quarter net profit of 1.72 trillion won (US$1.4 billion), down 84.5 percent from a year earlier.Operating income for the April-June period was 668.5 billion won, down
• LG Energy Solution Q2 net profit up 417.4 pct to 465.1 bln won

  BRAND

  SEOUL, July 27 (Yonhap) -- LG Energy Solution Ltd. on Thursday reported its second-quarter net profit of 465.1 billion won (US$364.9 million), up 417.4 percent from a year earlier.The company said in a regulatory filing that it posted 460.6 billion w