South Korean cosmetics giant LG H&H Co. on Thursday reported its second-quarter net profit sank more than 23 percent from a year earlier due to weak cosmetics sales in China.Net profit of the April-June period was 96.4 billion won (US$75.4 million), d…
South Korean stocks ended higher Thursday, as chipmakers surged on hopes for a business turnaround and investors digested the Federal Reserve’s latest interest rate hike. The local currency fell against the U.S. dollar.The benchmark Korea Composite St…
Today (%) Previous Session(%) Change (BP)1-year TB 3.506 3.524 -1.82-year TB 3.627 3.669 -4.23-year TB 3.587 3.627 -4.010-year TB 3.637 3.658 -2.12-year MSB 3.644 3.679 -3.53-year CB (AA-) 4.374 4.413 -3.991-day CD 3.740 3.750 -1.0Source: Yonhap News …
SK reit Co. on Thursday announced that it will sell stock to raise 330 billion won(US$258.3 million). The proceeds from the stock sale will be used mainly to pay off its debts.According to a regulatory filing, the company will issue some 73.57 million…
President Yoon Suk Yeol visited the United Nations Memorial Cemetery in Busan on Thursday where he paid tribute to fallen soldiers and marked the 70th anniversary of the armistice agreement that ended fighting in the 1950-53 Korean War.Yoon was accomp…
People in Negeri Sembilan have been urged to strengthen their patriotic spirit regardless of their different political ideologies ahead of the state polls on Aug 12.Menteri Besar Datuk Seri Aminuddin Harun said in the context of facing the state polls…
MADANI Economy, the latest economic framework announced by Prime Minister Datuk Seri Anwar Ibrahim today which aimed at boosting the Malaysian economy, will have revenue spillover to the people to enable them to enjoy a better quality of life.Anwar, w…
