Economy
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Mirae Asset Securities Q2 net income down 26.1 pct to 263.5 bln won
SEOUL, Aug. 9 (Yonhap) -- Mirae Asset Securities Co. on Tuesday reported its second-quarter net income of 263.5 billion won (US$202 million), down 26.1 percent from a year earlier. Operating pro... 15:43 Aug. 09 -
#financial watchdogFSS chief co-hosts regional meeting of regulators, top central bankers
SEOUL, Aug. 9 (Yonhap) -- The chief of South Korea's financial watchdog on Tuesday co-hosted a meeting of top financial regulators and central bank chiefs from the East Asia and Pacific region and ... 14:29 Aug. 09 -
Today in Korean history
Aug. 10 1934 -- A massive flood hits the southern part of Korea, leaving 800 people dead. 1940 -- Two major Korean vernacular dailies, the Chosun Ilbo and the Donga Ilbo, are closed by Japan'... 14:00 Aug. 09 -
#domestic supplyManufacturers' 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 -
#HD Hyundai-autonomous navigationHD Hyundai unit commercializes Level 2 autonomous navigation system
SEOUL, Aug. 9 (Yonhap) -- Avikus, a unit of South Korea's leading shipbuilding group, HD Hyundai, said Tuesday it has commercialized its Level 2 autonomous navigation system for the first time in t... 11:33 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 -
#housing supply planS. Korea postpones announcement of housing supply plan due to downpours related article
SEOUL, Aug. 9 (Yonhap) -- The government on Tuesday postponed its planned announcement of housing supply measures in a bid to focus on responding to damage from overnight heavy downpours. The go... 10:38 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 GeocentricSK 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 -
#KEPCOKEPCO 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 -
#headlines
Top headlines in major S. Korean newspapers
SEOUL, Aug. 9 (Yonhap) -- The following are the top headlines in major South Korean newspapers on Aug. 9. Korean-language dailies -- Downpours hit greater Seoul area; roads leading back home swamp... 06:56 Aug. 09 -
#car manufacturerS. Korean knock-down car maker in India disputes court injunction banning 'Hyundai' name use
SEOUL, Aug. 8 (Yonhap) -- Hyundai Global Motors (HGM), the Indian unit of South Korean knock-down car manufacturer Global Motors, on Monday disputed a recent Indian court ruling against its alleged... 22:46 Aug. 08 -
#financial regulatorPolicy lenders to expand small firm loans with low, fixed rates: FSC related article
SEOUL, Aug. 8 (Yonhap) -- South Korea's financial regulator said Monday state-run policy lenders plan to increase loans with low and fixed interest rates to small firms to help ease their financial... 17:12 Aug. 08 -
#chip allianceU.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
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S. Korea postpones announcement of housing supply plan due to downpours -
Policy lenders to expand small firm loans with low, fixed rates: FSC -
U.S.-led chip alliance not aimed at excluding China: S. Korean industry minister -
S. Korean knock-down car maker in India disputes court injunction banning 'Hyundai' name use -
(Yonhap Interview) Fintech startup AIM aims to bring professional wealth services to ordinary investors
News Focus
Market
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Traditional car shows struggle amid electrification -
Tax cut drive feared to worsen fiscal health; focus on rich, biz circles draws criticism -
S. Korean firms in delicate balancing act over U.S. economic framework -
(News Focus) BOK expected to seek further rate hikes but place more weight on growth: experts -
Yoon to seek small gov't stance to spur economic growth
