The antitrust regulator said Thursday it has decided to give conditional approval to IT giant Kakao Corp.’s acquisition of a controlling stake in K-pop powerhouse SM Entertainment Co., as the
The Organization for Economic Cooperation and Development (OECD) revised up its outlook for South Korea’s economic growth this year to 2.6 percent, Seoul’s finance ministry said Thursday.
The figure marked
Six out of every 10 South Korean school-year children spend more hours studying than recommended, a survey by a children’s welfare foundation showed Thursday.
ChildFund Korea released the result after
Green Cross Corp. on Thursday reported its first-quarter net loss of 30.7 billion won (US$22.3 million), remaining in the red compared with a year ago.
The company said in a
Hybe, the K-pop powerhouse behind BTS, Seventeen and NewJeans, reported a sharp decline in its earnings for the first quarter of this year, with operating profit plummeting 72.6 percent from
Lotte Chilsung Beverage Co. on Thursday reported its first-quarter net income of 25.4 billion won (US$18.5 million), down 16.5 percent from a year earlier.
The company said in a regulatory
South Korean stocks traded slightly lower late Thursday morning amid the U.S. Federal Reserve’s rate freeze and dovish stance.
The benchmark Korea Composite Stock Price Index (KOSPI) decreased 3.08 points,
DGB Financial Group on Thursday reported its first-quarter net profit of 113 billion won (US$82.1 million), down 36.4 percent from a year earlier.
The company said in a regulatory filing
