August 8, 2024

KT&G Q2 net profit up 57.5 pct to 318 bln won

KT and G Corp. on Thursday reported its second-quarter net income of 318 billion won (US$230.9 million), up 57.5 percent from a year earlier.

The company said in a regulatory filing that operating profit for the April-June period rose 30.6 percent o…

18 die from heat-related illnesses so far this year

Eighteen people have died from heat-related causes so far this year, officials said Thursday, as intense heat with apparent temperatures of over 35 C continues to grip the country.

A total of 1,907 people had suffered heat-related illnesses from May…

Hyundai Department Store shifts to loss in Q2

Hyundai Department Store Co. on Thursday reported its second-quarter net loss of 145.4 billion won (US$105.5 million), shifting from a profit of 25.6 billion won a year earlier.

The company said in a regulatory filing that it posted 42.8 billion won…

S. Korea, U.S. to send solar coronagraph to ISS in October: KASA

South Korea and the United States plan to send a jointly developed solar coronagraph to the International Space Station (ISS) in October to gather information on the sun’s outer atmosphere, or corona, and solar wind, Seoul’s space agency said Thursda…

Yonsei University revokes master’s degree of Cho Kuk’s son

Yonsei University has revoked the master’s degree of a minor party leader’s son following a court ruling related to the case, informed school officials said Thursday.

The university recently decided to cancel the admission of Cho Won, the son of Cho…