Lee Jin-sook, the nominee to head South Korea’s broadcasting watchdog, was appointed by President Yoon Suk Yeol on Wednesday despite protest from opposition parties over her alleged misuse of
Samsung Electronics Co. and its largest labor union are still at odds over any breakthrough in their wage negotiations amid an ongoing strike, industry sources said Wednesday.
The negotiations
Seoul shares opened higher Wednesday, following a mixed close on Wall Street, as investors expect the Federal Reserve may begin a rate cutting cycle later this year.
The benchmark
Civic groups filed a complaint Wednesday against newly appointed broadcast watchdog chief Lee Jin-sook over her alleged misuse of corporate credit cards in the past.
The National Union of
Samsung Electronics Co. said Wednesday its second-quarter operating profit surged more than 15 times from a year earlier on the robust performance of its semiconductor business.
The world’s largest
SK Bioscience Co. on Wednesday reported its second-quarter net loss of 11.4 billion won (US$8.3 million), remaining in the red compared with a year ago.
The company said in
North Korean leader Kim Jong-un has dismissed the public security minister and chiefs of provincial committees to hold them responsible for severe damage from the recent downpours in the
Samsung C and T Corp. on Wednesday reported its second-quarter net income of 734 billion won (US$533.2 million), up 5.7 percent from a year earlier.
Operating profit for the
