South Korea’s economy retreated in the second quarter of the year as weaker domestic demand clouded recovery prospects, despite robust exports, central bank data showed Thursday.
The country’s real gross domestic product — a key measure of economic …
After working with ascendant South Korean swimmer Kim Woo-min in a training camp in January in Queensland, Australian coach Michael Palfrey became a fan of the 22-year-old — so much so that Palfrey believes Kim is capable of winning his first Olympic…
Doosan Robotics Inc. on Thursday reported its second-quarter net loss of 3.7 billion won (US$2.7 million), remaining in the red compared with a year ago.
The company said in a regulatory filing that it continued to post an operating loss of 7.9 billi…
SK hynix Inc. said Thursday it shifted to a profit in the second quarter on solid sales of its premium artificial intelligence (AI) memory chips.
The world’s second-largest memory chipmaker posted an operating profit of 5.46 trillion won (US$3.95 bil…
Prime Minister Han Duck-soo attended the state funeral of Vietnam’s highest-ranking official, Nguyen Phu Trong, in Hanoi on Thursday, his office said.
Han left for Vietnam the previous day to attend the funeral of the general secretary of the Communi…
Hyundai Motor Co on Thursday reported its second-quarter net profit of 4.17 trillion won (US$3 billion), up 24.7 percent from a year earlier.
The company said in a regulatory filing that operating income for the April-June period rose 0.7 percent on-…
