GM Korea Co., the South Korean unit of General Motors Co., said Thursday its July sales plummeted over 40 percent from a year earlier due to production delays caused by facility maintenance and negotiations over wages.
GM Korea sold 22,564 vehicles l…
South Korean stocks traded higher late Thursday morning as investors were boosted by the U.S. Federal Reserve’s dovish stance.
The benchmark Korea Composite Stock Price Index had added 0.3 percent to 2,779.1 as of 11:20 a.m.
After freezing its polic…
Hyundai Motor Co., South Korea’s leading carmaker, said Monday its July sales slipped 1.4 percent from last year due to unfavorable market conditions, such as high interest rates and strong market competition.
Hyundai Motor sold 332,003 vehicles in J…
South Korea’s health ministry said Thursday that it will have hospitals roll out another recruitment notice for trainee doctors this month, following a lackluster response from the medical community to the initial round that ended the previous day.
T…
KG Mobility Corp., formerly known as SsangYong Motor Co., said Thursday its July sales dropped 23.4 percent from a year earlier due to sluggish overseas sales.
KG Mobility sold 8,313 vehicles last month, compared with 10,848 units sold a year earlier…
Seah Besteel Holdings Corp. on Thursday reported its second-quarter net income of 47.3 billion won (US$34.6 million), down 1.1 percent from a year earlier.
The company said in a regulatory filing that operating income for the April-June period fell 2…
