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Top headlines in major S. Korean newspapers
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SEOUL, May 9 (Yonhap) -- The following are the top in major South Korean newspapers on May 9.Korean-language dailies-- Kishida refuses to answer S. Korean lawmaker's call for revision of Japan's Dokdo claims, security documents: sources (Kyu
Hyundai Home Shopping Network Q1 net profit up 88.7 pct to 82.3 bln won
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SEOUL, May 8 (Yonhap) -- Hyundai Home Shopping Network Corp. on Monday reported its first-quarter net income of 82.3 billion won (US$62.3 million), up 88.7 percent from a year earlier.Operating income for the January-March period was 16.8 billion won
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(LEAD) CJ Cheiljedang Q1 net income down 80.1 pct on weak domestic consumption, cost burden
(ATTN: RECASTS throughout with details; CHANGES headline; ADDS photo)SEOUL, May 8 (Yonhap) -- CJ Cheiljedang Corp., a major South Korean food manufacturer, on Monday said its first-quarter net profit plunged 80.1 percent from a year earlier due to we
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(LEAD) Korea Aerospace Q1 net falls 19 pct on delayed delivery
(ATTN: RECASTS throughout; ADDS photo)SEOUL, May 8 (Yonhap) -- Korea Aerospace Industries, Ltd. (KAI), South Korea's sole aircraft manufacturer, said Monday its first-quarter net profit fell 19 percent from a year earlier due to a delayed deliver
Handsome Q1 net profit up 3.5 pct to 44.3 bln won
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SEOUL, May 8 (Yonhap) -- Handsome Corp. on Monday reported its first-quarter net income of 44.3 billion won (US$33.5 million), up 3.5 percent from a year earlier.The company said in a regulatory filing that operating profit for the January-March peri
CJ Cheiljedang Q1 net income down 80.1 pct to 49.3 bln won
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SEOUL, May 8 (Yonhap) -- CJ Cheiljedang Corp. on Monday reported its first-quarter net income of 49.3 billion won (US$37.3 million), down 80.1 percent from a year earlier.The company said in a regulatory filing that it posted 252.8 billion won in ope
Celltrion Q1 net profit up 37.8 pct to 167.1 bln won
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SEOUL, May 8 (Yonhap) -- Celltrion Inc. on Monday reported its first-quarter net profit of 167.1 billion won (US$126.4 million), up 37.8 percent from a year earlier.The company said in a regulatory filing that operating profit for the January-March p
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S. Korea seeks cooperation with Hungary on nuclear power generation
SEOUL, May 8 (Yonhap) -- South Korea's Industry Minister Lee Chang-yang on Monday proposed enhanced cooperation with Hungary on nuclear power and various other advanced industry sectors, the industry ministry said. He made the call during a meeti
Zinus Q1 net profit down 70.9 pct to 5.4 bln won
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SEOUL, May 8 (Yonhap) -- Zinus Inc. on Monday reported its first-quarter net profit of 5.4 billion won (US$4.1 million), down 70.9 percent from a year earlier.The company said in a regulatory filing that it posted 8.3 billion won in operating profit
Korea Aerospace Industries Q1 net profit down 19.3 pct to 29.7 bln won
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SEOUL, May 8 (Yonhap) -- Korea Aerospace Industries Ltd. on Monday reported its first-quarter net income of 29.7 billion won (US$22.5 million), down 19.3 percent from a year earlier.The company said in a regulatory filing that operating income for th
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Daewoo Shipbuilding to buy more stake in ship parts unit
SEOUL, May 8 (Yonhap) -- South Korean shipyard Daewoo Shipbuilding & Marine Engineering Co. (DSME) said Monday it will acquire an additional 4.7 percent stake in its ship parts subsidiary Samwoo Heavy Industry Co. for 35 billion won (US$26.5 million)
SK Networks Q1 net profit down 81.8 pct to 5.4 bln won
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SEOUL, May 8 (Yonhap) -- SK Networks Co. on Monday reported its first-quarter net profit of 5.4 billion won (US$4.1 million), down 81.8 percent from a year earlier.The company said in a regulatory filing that it posted 53.1 billion won in operating p
SK units co-invest in S. Korean gas membrane developer to advance carbon capture techs
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SEOUL, May 8 (Yonhap) -- SK Innovation Co., the energy unit of South Korea's SK Group, said Monday it has jointly invested with another SK affiliate in a South Korean developer of gas separation membranes to advance the technology for use in carb
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(LEAD) Kishida expresses hope for biz communities to lead efforts for closer bilateral cooperation
(ATTN: ADDS details on outcome of meeting, photo)By Kim Seung-yeon SEOUL, May 8 (Yonhap) -- Japanese Prime Minister Fumio Kishida expressed hope Monday that businesses will take the initiative in bolstering bilateral cooperation between South Korea a
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S. Korea's economy sluggish on weak exports; domestic demand limits wane
By Kang Yoon-seungSEOUL, May 8 (Yonhap) -- The South Korean economy remains sluggish amid ailing exports, but its downward trend has been moderated due to a recovery in its domestic consumption, a state-run think tank said Monday."Due to challe
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LS Cable wins 2 tln-won cable supply deal from Netherlands
SEOUL, May 8 (Yonhap) -- South Korea's top wire and cable maker LS Cable & System Ltd. said Monday it has bagged a high-voltage cable supply deal worth around 2 trillion won (US$1.51 billion) from the Netherlands.Under the deal with Dutch state p
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S. Korea to attend new round of negotiations for IPEF this week
SEOUL, May 8 (Yonhap) -- South Korea will participate in the third round of official negotiations for the United States-led Indo-Pacific Economic Framework (IPEF) to be held in Singapore this week, the industry ministry said Monday.During the upcomin
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Kishida to meet with chiefs of S. Korean business lobbies
SEOUL, May 8 (Yonhap) -- Japanese Prime Minister Fumio Kishida was set to meet with chiefs of major South Korean business associations Monday and discuss ways to expand bilateral cooperation in economic fields, such as global supply chains, according
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S. Korea eyes stronger ties with U.S. in chip industry
By Kang Yoon-seungSEOUL, May 8 (Yonhap) -- South Korea's finance minister said Monday the government will make efforts to utilize the outcome of President Yoon Suk Yeol's recent visit to the United States and build a stronger alliance in the
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(LEAD) Naver Q1 net income down 71.2 pct on accounting loss
(ATTN: RECASTS throughout with details)SEOUL, May 8 (Yonhap) -- South Korean internet portal giant Naver Corp. said Monday its net profit plunged 71.2 percent in the first quarter from a year earlier due to an accounting loss stemming from an economi
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