The government said Thursday it plans to announce new residential land sites capable of supplying a total of 80,000 housing units in the capital region by lifting greenbelt restrictions.
South Korean stocks traded 0.83 percent lower late Thursday morning, halting a two-day rebound after a global stock rout, as lingering U.S. recession woes weighed heavily on the market.
South Korea and the United States have agreed to tighten their cooperation to excavate and repatriate the remains of Korean victims of Japan’s wartime forced mobilization when Korea was
Prosecutors have indicted Kim Beom-su, the founder of tech giant Kakao Corp., on stock manipulation charges related to the firm’s takeover of K-pop powerhouse SM Entertainment last year, officials
Lotte Chemical Corp. on Thursday reported its second-quarter net loss of 107.1 billion won (US$77.8 million), remaining in the red compared with a year ago.
The company said in
Korea Electric Power Corp. on Thursday reported its second-quarter net income of 114.4 billion won (US$83.1 million), swinging from a loss of 1.9 trillion won a year earlier.
Operating
South Korea’s social media giant Kakao Corp. said Thursday its second-quarter net income jumped 59.1 percent from a year earlier, led by higher sales of its platform business.
Net
KT and G Corp. on Thursday reported its second-quarter net income of 318 billion won (US$230.9 million), up 57.5 percent from a year earlier.
The company said in a
