January 30, 2024

Korean Air shifts to Q4 net loss on operating costs

SEOUL, Korean Air Co., South Korea’s national flag carrier, said Tuesday it had shifted to a net loss in the fourth quarter of 2023 from a year earlier due to increased operating costs.

Korean Air swung to an estimated net loss of 234.59 billion won…

(LEAD) N. Korea conducts another cruise missile launch: JCS

SEOUL, North Korea fired several cruise missiles off the west coast Tuesday, the South Korean military said, just two days after it test-fired submarine-launched cruise missiles from the east coast.

The Joint Chiefs of Staff (JCS) said it detected t…

Seoul shares up late Tues. morning on U.S. stock gains

SEOUL, South Korean stocks rose late Tuesday morning as institutions and foreign investors scooped up blue chips in line with overnight gains on Wall Street.

The benchmark Korea Composite Stock Price Index had risen 11.41 points, or 0.46 percent, to…