Industry

Industry

#heavy rain
Heavy downpours hit retail sector, causing store closures and delivery delays
SEOUL, Aug. 9 (Yonhap) -- The heavy downpours that have pummeled Seoul and central regions of South Korea also hit the retail industry, causing closures of department stores and delayed deliveries ... 13:40 Aug. 09
#domestic supply
Manufacturers' domestic supply grows for 6th quarter in Q2 related article
SEOUL, Aug. 9 (Yonhap) -- South Korean manufacturers' domestic supply increased for the sixth straight quarter in the April-June period as exports remained robust despite the global economic slowdo... 12:00 Aug. 09
#SK Telecom
(LEAD) SK Telecom Q2 net income down 67.6 pct after spinoff of chip biz related article
(ATTN: RECASTS with more details; CHANGES headline; ADDS photo) SEOUL, Aug. 9 (Yonhap) -- SK Telecom Co., South Korea's largest wireless carrier, said Tuesday that its second-quarter net profit dro... 11:12 Aug. 09
#shipbuilders
S. Korean shipbuilders bag over half of new global orders in July
SEOUL, Aug. 9 (Yonhap) -- South Korean shipbuilders won more than half of new global ship orders in July to take the top spot in the world for the third straight month, industry data showed Tuesday... 10:46 Aug. 09
SK Telecom Q2 net income down 67.6 pct. to 258.1 bln won
SEOUL, Aug. 9 (Yonhap) -- SK Telecom Co. on Tuesday reported a second-quarter net profit of 258.1 billion won (US$197.7 million), down 67.6 percent from a year earlier. The company said in a reg... 10:13 Aug. 09
#SK Geocentric
SK Geocentric to build advanced packaging material factory in China
SEOUL, Aug. 9 (Yonhap) -- SK Geocentric Co., a chemical unit of South Korean's No. 2 conglomerate SK Group, said Tuesday it is building a plant in China that will produce a high value-added packagi... 10:00 Aug. 09
#NHN
(LEAD) NHN shifts to loss in Q2 on financial asset losses, increased marketing related article
(ATTN: RECASTS with more details; CHANGES headline; ADDS image) SEOUL, Aug. 9 (Yonhap) -- NHN Corp., a leading South Korean information technology company, said Tuesday it swung to a net loss in the... 09:16 Aug. 09
#KEPCO
KEPCO expected to log huge Q2 loss on high costs
SEOUL, Aug. 9 (Yonhap) -- The state-run Korea Electric Power Corp. (KEPCO) likely posted a massive loss in the second quarter due to surging costs following record red ink three months earlier, a m... 08:28 Aug. 09
NHN turns to loss in Q2
SEOUL, Aug. 9 (Yonhap) -- NHN Corp. on Tuesday reported a second-quarter net loss of 5.3 billion won (US$4.1 million), from a profit of 15.2 billion won a year earlier. The company said in a reg... 07:49 Aug. 09
#fintech
(Yonhap Interview) Fintech startup AIM aims to bring professional wealth services to ordinary investors
By Woo Jae-yeon SEOUL, Aug. 9 (Yonhap) -- Jihae Jenna Lee, a former portfolio manager at Boston-based hedge fund Acadian Asset Management, last year extended her "funeral date" by another five year... 07:00 Aug. 09
#chip alliance
U.S.-led chip alliance not aimed at excluding China: S. Korean industry minister
SEOUL, Aug. 8 (Yonhap) -- South Korea is reviewing its possible participation in the U.S.-led semiconductor alliance from the perspective of national interest and has no intent to build an exclusiv... 17:06 Aug. 08
SK Chemicals Q2 net income down 13 pct. to 60.3 bln won
SEOUL, Aug. 8 (Yonhap) -- SK Chemicals Co. on Monday reported its second-quarter net profit of 60.3 billion won (US$46.2 million), down 13 percent from a year earlier. The company said in a regula... 16:36 Aug. 08
CJ Logistics Q2 net income up 35.9 pct to 67.1 bln won
SEOUL, Aug. 8 (Yonhap) -- CJ Logistics Corp. on Monday reported its second-quarter net income of 67.1 billion won (US$51.4 million), up 35.9 percent from a year earlier. Operating income for the... 16:13 Aug. 08
CJ Cheiljedang Q2 net profit down 3.4 pct to 252.7 bln won
SEOUL, Aug. 8 (Yonhap) -- CJ Cheiljedang Corp. on Monday reported its second-quarter net profit of 252.7 billion won (US$193.4 million), down 3.4 percent from a year earlier. Operating income fo... 15:59 Aug. 08
Korea Aerospace Industries Q2 net profit down 6.7 pct. to 50.2 bln won
SEOUL, Aug. 8 (Yonhap) -- Korea Aerospace Industries Ltd. on Monday reported its second-quarter net income of 50.2 billion won (US$38.4 million), down 6.7 percent from a year earlier. The compan... 15:41 Aug. 08
#Samsung Electronics
Samsung, labor union set to sign 1st official wage deal this week related article
SEOUL, Aug. 8 (Yonhap) -- Samsung Electronics Co.'s management and its union were set to sign an annual wage deal this week, which includes a 9 percent pay raise for 2021-2022, following a recent e... 14:08 Aug. 08
Lig Nex1 Q2 net profit up 96.7 pct. to 44.2 bln won
SEOUL, Aug. 8 (Yonhap) -- Lig Nex1 Co. on Monday reported its second-quarter net profit of 44.2 billion won (US$33.9 million), up 96.7 percent from a year earlier. Operating income for the April... 11:16 Aug. 08
SKC Q2 net profit up 55.3 pct. to 119.7 bln won
SEOUL, Aug. 8 (Yonhap) -- SKC Ltd. on Monday reported its second-quarter net income of 119.7 billion won (US$91.8 million), up 55.3 percent from a year earlier. Operating income for the April-Ju... 10:16 Aug. 08
#DMZ
Facility for DMZ virtual tour opens to public
SEOUL, Aug. 8 (Yonhap) -- A facility where visitors can take a virtual tour of the Demilitarized Zone separating the two Koreas opened its doors to the public Monday. "DMZ Live" was created at t... 10:08 Aug. 08
#Meritz Securities-Q2 earnings
(LEAD) Meritz Securities Q2 net down 16.7 pct amid unfavorable market conditions
(ATTN: RECASTS headline, lead; UPDATES throughout with details; ADDS image) SEOUL, Aug. 8 (Yonhap) -- Meritz Securities Co. said Monday its second-quarter earnings sank nearly 17 percent from a year... 09:37 Aug. 08