BRAND

• KB Financial Group Q2 net profit up 20.8 pct to 1.5 tln won

  BRAND

  SEOUL, July 25 (Yonhap) -- KB Financial Group Inc. on Tuesday reported its second-quarter net income of 1.5 trillion won (US$1.2 billion), up 20.8 percent from a year earlier.Operating profit for the April-June period was 2.05 trillion won, up 37.4 p
• 

  BRAND

  S. Korea, Australia to boost ties on key minerals, energy

  SEOUL, July 25 (Yonhap) -- South Korea and Australia agreed Tuesday to enhance cooperation on supply chains of major industry minerals and clean energy fields, Seoul's industry ministry said.The consensus was reached during a meeting between Sout
• LS Electric Q2 net income up 166 pct to 73 bln won

  BRAND

  SEOUL, July 25 (Yonhap) -- LS Electric Co. on Tuesday reported its second-quarter net profit of 73 billion won (US$57 million), up 166 percent from a year earlier.The company said in a regulatory filing that operating income for the April-June period
• 

  BRAND

  (LEAD) POSCO International signs contract with Indonesia for oil, gas exploration

  By Kim Seung-yeon SEOUL, July 25 (Yonhap) -- POSCO International Corp. said Tuesday it signed a contract with the Indonesian government and its state oil company to search and extract oil and gas in the Southeast Asian country, as it bolsters the pus
• 

  BRAND

  60 pct of seniors engaged in economic activity in May: data

  By Kang Yoon-seungSEOUL, July 25 (Yonhap) -- Around 60 percent of South Korean seniors were economically active as of May, data showed Tuesday, reflecting the country's rapidly aging population.The poll by Statistics Korea showed 60.2 percent of
• 

  BRAND

  POSCO International signs contract with Indonesia for oil, gas exploration

  By Kim Seung-yeon SEOUL, July 25 (Yonhap) -- POSCO International Corp. said Tuesday it signed a contract with the Indonesian government and its state oil company to search and extract oil and gas in the Southeast Asian country, as it bolsters the pus
• 

  BRAND

  Over 400 companies join hands to maximize industrial use of AI

  SEOUL, July 25 (Yonhap) -- Top carmaker Hyundai Motor Co., leading battery maker LG Energy Solution Ltd. and several other major South Korean companies joined hands with smaller firms to seek ways to maximize the use of artificial intelligence in key
• Samsung Card Q2 net income down 6.5 pct to 145.1 bln won

  BRAND

  SEOUL, July 25 (Yonhap) -- Samsung Card Co. on Tuesday reported its second-quarter net profit of 145.1 billion won (US$113 million), down 6.5 percent from a year earlier.Operating profit for the April-June period was 192.6 billion won, down 8.2 perce
• 

  BRAND

  (2nd LD) POSCO International Q2 profit up 11 pct on gas upstream, steel trading

  (ATTN: ADDS closing share price at bottom)By Kim Seung-yeon SEOUL, July 24 (Yonhap) -- POSCO International Corp. said Monday its second-quarter profit rose 11.4 percent from a year earlier, buoyed by solid performances in the gas upstream and steel t
• 

  BRAND

  (2nd LD) POSCO Future M Q2 profit down 6 pct, to expand cathode plants in S. Korea

  (ATTN: ADDS closing share price at bottom)By Kim Seung-yeon SEOUL, July 24 (Yonhap) -- POSCO Future M Co. said Monday its second-quarter operating profit fell 5.6 percent from a year earlier, while unveiling a plan to spend over 680 billion won (US$5
• 

  BRAND

  (2nd LD) POSCO Holdings net down 55.6 pct in Q2

  (ATTN: ADDS share price at bottom) SEOUL, July 24 (Yonhap) -- South Korea's top steelmaker POSCO Holdings Inc. said Monday its second-quarter earnings tumbled nearly 56 percent on-year amid sluggish sales.Consolidated net profit came to 800 billi
• 

  BRAND

  Samsung SDI, Stellantis to build second joint U.S. battery plant

  By Kim Seung-yeonSEOUL, July 24 (Yonhap) -- Samsung SDI Co. said Monday it plans to build a second battery manufacturing facility with Stellantis N.V. in the United States, in addition to the ongoing project for their first plant in Indiana.The two c
• 

  BRAND

  (LEAD) S. Korea, Indonesia to boost cooperation on advanced industries, key minerals

  (ATTN: CHANGES photo)SEOUL, July 24 (Yonhap) -- South Korea and Indonesia agreed Monday to enhance bilateral cooperation on electric vehicles, batteries and supply chains of major industry minerals, Seoul's industry ministry said.The consensus wa
• 

  BRAND

  Foreign currency deposits up for 2nd straight month in June

  SEOUL, July 24 (Yonhap) -- Foreign currency deposits increased for the second consecutive month in June, with Japanese yen deposits posting a record-high monthly increase, central bank data showed Monday.Residents' outstanding foreign currency-de
• 

  BRAND

  S. Korea launches 'emergency radiation tests' on seawater amid Fukushima woes

  SEOUL, July 24 (Yonhap) -- South Korea on Monday began "emergency radiation tests" on seawater at 108 maritime points around the Korean Peninsula to ease concerns over Japan's planned release of contaminated water from its crippled Fu
• Yonhap News Summary

  BRAND

  The following is the first summary of major stories moved by Yonhap News Agency on Monday.-----------------(LEAD) 5 regional gov't, police offices raided over deadly underpass floodingCHEONGJU, South Korea -- Prosecutors raided five regional poli
• 

  BRAND

  Household excess savings up over 100 tln won during pandemic: BOK data

  SEOUL, July 24 (Yonhap) -- South Korean households have saved an additional 100 trillion won (US$77.7 billion) or over during the COVID-19 pandemic from before the pandemic on reduced consumption and increased government support, a central bank repor
• 

  BRAND

  (LEAD) POSCO Holdings net down 55.6 pct in Q2

  (ATTN: RECASTS headline, lead; ADDS more details from para 5, image) SEOUL, July 24 (Yonhap) -- South Korea's top steelmaker POSCO Holdings Inc. said Monday its second-quarter earnings tumbled nearly 56 percent on-year amid sluggish sales.Consoli
• 

  BRAND

  (LEAD) POSCO Future M Q2 profit down 6 pct, to expand cathode plants in S. Korea

  (ATTN: UPDATES with more details)By Kim Seung-yeon SEOUL, July 24 (Yonhap) -- POSCO Future M Co. said Monday its second-quarter operating profit fell 5.6 percent from a year earlier, while unveiling a plan to spend over 680 billion won (US$529 millio
• 

  BRAND

  S. Korea, Indonesia to boost cooperation on advanced industries, key minerals

  SEOUL, July 24 (Yonhap) -- South Korea and Indonesia agreed Monday to enhance bilateral cooperation on electric vehicles, batteries and supply chains of major industry minerals, Seoul's industry ministry said.The consensus was reached during the