Kia Corp., South Korea’s second-largest automaker by sales, said Thursday it saw a slight bump in sales last month thanks to an increase in exports.
Kia, the smaller affiliate of Hyundai Motor Co., sold 261,334 vehicles in July, up 0.9 percent from 2…
Finance Minister Choi Sang-mok on Thursday vowed to beef up monitoring of the global financial market and devise contingency plans to better respond to uncertainties regarding interest rates in the United States and other nations.
Choi made the remar…
SKC Ltd. on Thursday reported its second-quarter net loss of 115.3 billion won (US$84.4 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 62.7 billion won f…
South Korea’s exports extended on-year gains to the tenth straight month in July on the back of the robust performance of semiconductors, data showed Thursday.
Outbound shipments rose 13.9 percent on-year to US$57.4 billion last month, according to t…
Opposition parties on Thursday introduced a parliamentary motion to impeach Korea Communications Commission (KCC) Chairperson Lee Jin-sook, just a day after she took office, claiming she is unqualified as broadcasting watchdog chief.
The motion, intr…
North Korea’s ambassador to Tehran has attended the inauguration ceremony of Iran’s new President Masoud Pezeshkian and delivered a “warm greeting” from leader Kim Jong-un, state media reported Thursday.
Ambassador Han Song-u attended the ceremony in…
