Samsung Biologics Co. on Wednesday reported its third-quarter net income of 264.5 billion won (US$191.3 million), up 10 percent from a year earlier.
The company said in a regulatory filing that operating income for the July-September period rose 6.3 …
Seoul shares turned higher late Wednesday morning on tech gains, with investors concerned over a possible slower pace of the Federal Reserve’s rate cuts.
The benchmark Korea Composite Stock Price Index (KOSPI) rose 16.3 points, or 0.6 percent, to 2,5…
A Seoul court has approved the process to find a new owner for e-commerce platforms TMON and WeMakePrice placed under court-led rehabilitation since early September after failing to make payments to vendors using their platforms, industry sources said…
Lee Sang-deuk, an elder brother of former President Lee Myung-bak and a former National Assembly vice speaker, died Wednesday after a battle with a chronic illness, his acquaintances said. He was 89 years old.
Lee had been suffering from a chronic di…
South Korea plans to launch its third military reconnaissance satellite in December, the state arms procurement agency said Wednesday, as part of efforts to bolster its surveillance capabilities on North Korea.
A SpaceX rocket carrying the satellite …
The top security officials of South Korea and Poland on Wednesday expressed concerns over growing military ties between North Korea and Russia and agreed to expand their nations’ security and defense industry cooperation in response, the presidential …
