The Seoul city government will invest 6.7 trillion won (US$4.8 billion) over the next two years to provide housing, household subsidies and other support aimed at boosting the city’s birth rate, officials said Tuesday.
The investment plan was announc…
Hana Financial Group on Tuesday reported its third-quarter net income of 1.16 trillion won (US$838.6 million), up 20.4 percent from a year earlier.
The company said in a regulatory filing that it posted 1.33 trillion won in operating profit for the q…
Some North Korean generals and troops sent to Russia to support Moscow’s war in Ukraine might have moved to the battlefield zones, South Korea’s spy agency told lawmakers Tuesday.
The National Intelligence Service (NIS) shared the information with la…
Korea Aerospace Industries Ltd. on Tuesday reported its third-quarter net profit of 67.9 billion won (US$49.1 million), up 28.4 percent from a year earlier.
The company said in a regulatory filing that operating income for the July-September period r…
Hanwha Ocean Co., a major shipbuilder in South Korea, said Tuesday it swung to the red in the third quarter due to a one-off currency effect.
Consolidated net loss stood at 74.8 billion won (US$54.1 million) for the July-September period, shifting fr…
China confirmed Tuesday that it has detained a South Korean citizen on suspicion of violating the country’s anti-espionage law, marking the first case where a South Korean national has been arrested in China since the revised law took effect last year…
