South Korean stocks started lower Thursday tracking overnight losses from Wall Street, as the U.S.’ fourth-quarter economic growth was slower than earlier estimated.
The benchmark Korea Composite Stock Price Index (KOSPI) fell 20.49 points, or 0.77 p…
North Korea has begun the construction of factories, state media reported Thursday, as its leader Kim Jong-un called for the development of backward provinces amid prolonged economic difficulties.
Kim attended the groundbreaking ceremony for the cons…
Sweden’s ambassador-designate to Pyongyang has been visiting North Korea amid prospects that European countries may reopen their diplomatic missions in the reclusive country following years of North Korea’s COVID-19 border shutdown.
Chinese Ambassado…
Hanwha Corp. on Thursday reported its 2023 net profit of 1.63 trillion won (US$1.2 billion), down 18.6 percent from a year earlier.
Operating profit for the year was 2.41 trillion won, up 1.8 percent from the previous year, the company said in a regu…
President Yoon Suk Yeol and Meta Platforms CEO Mark Zuckerberg met in Seoul on Thursday and discussed ways to expand cooperation in the artificial intelligence (AI) and extended reality (XR) sectors, a presidential official said Thursday.
Zuckerberg …
Hanwha Corp. on Thursday reported its fourth-quarter net income of 10.3 billion won (US$7.8 million), swinging from a loss of 437.4 billion won a year earlier.
Operating income for the October-December period was 231.7 billion, compared with a loss o…
