KT Corp., the country’s major fixed and mobile carrier, said Friday its second-quarter operating profit fell 14.3 percent from a year earlier due to rising labor costs.
Its operating profit came to 494 billion won (US$359.2 million) for the April-Ju…
Questions have been raised over the crisis response capacity of Mercedes-Benz Korea Ltd., as the company remained largely silent for over a week on an electric vehicle (EV) fire scare that started from one of its vehicles.
Public concerns over EV sa…
K-pop boy group NCT Dream will put out a new English single this month, the group’s agency said Friday.
“Rains in Heaven” will hit various music platforms around the world on Aug. 23 at 1 p.m., according to SM Entertainment.
It introduced the singl…
The chief of Qoo10, the Singapore-based parent firm of TMON and WeMakePrice, said Friday it has begun a process to merge the two e-commerce platforms to help resolve the liquidity crisis facing the companies.
On Thursday, Qoo10 applied for the estab…
KT Corp. on Friday reported its second-quarter net income of 410.5 billion won (US$298.6 million), down 5.1 percent from a year earlier.
Operating income for the April-June period was 494 billion won, down 14.3 percent from a year ago, the company s…
President Yoon Suk Yeol visited the headquarters of the armed forces in the central city of Gyeryong on Friday to inspect security posture and examine preparations for upcoming joint military drills between South Korea and the United States, his offi…
