July 5, 2024

FDI pledges to S. Korea down 10.4 pct in H1

Foreign direct investment (FDI) pledges to South Korea fell 10.4 percent on-year in the first six months of this year amid economic uncertainties, data showed Friday.

The country received US$15.34 billion in FDI commitments in the January-June perio…

Top prosecutor condemns DP’s impeachment motion as illegal act

Prosecutor General Lee One-seok on Friday denounced the main opposition party’s push to impeach four prosecutors, mostly involved in corruption investigations into former party leader Lee Jae-myung, as an illegal act.

The Democratic Party (DP) submi…

KBO’s Eagles name new bench coach, pitching coach

LG Electronics Inc. on Friday estimated its second-quarter operating profit soared more than 60 percent from a year earlier on robust sales of its key products, beating market expectations.

Its operating profit came to 1.19 trillion won (US$868.1 mi…