South Korea and the United States have agreed to boost clean energy cooperation by holding regular dialogues and bolstering public-private partnerships, as the two countries aim to strengthen ties in energy security and carbon reduction, the industry…
South Korean stocks got off to a strong start Friday tracking overnight gains on Wall Street on eased recession woes.
The benchmark Korea Composite Stock Price Index (KOSPI) added 36.85 points, or 1.44 percent, to 2,593.58 in the first 15 minutes of…
Police decided Friday to refer a Korean American pastor at the center of a luxury bag scandal involving first lady Kim Keon Hee to the prosecution on charges of illegal electioneering ahead of April’s general elections.
The pastor, named Choi Jae-yo…
Over a week has passed since a spontaneous Mercedes-Benz electric vehicle fire ended up sparking an EV fire scare in South Korea, but the local unit of the German automotive giant has barely made an earnest gesture to address the issue at hand.
Merc…
Korea Gas Corp. on Friday reported its second-quarter net profit of 253.3 billion won (US$185.9 million), shifting from a loss of 66.7 billion won a year earlier.
Operating income for the April-June period was 465.7 billion won, up 127.1 percent fro…
Kolon Industries Inc. on Friday reported its second-quarter net income of 43.9 billion won (US$32.2 million), up 17.4 percent from a year earlier.
The company said in a regulatory filing that it posted 59.4 billion won in operating profit for the qu…
