Seoul shares up late Tues. morning on Samsung earnings

SEOUL, South Korean stocks traded higher late Tuesday morning backed by a strong earnings performance by top cap Samsung Electronics and overnight U.S. stock gains.

The benchmark Korea Composite Stock Price Index (KOSPI) increased 18.73 points, or 0…

LG Chem Q1 net income down 48.9 pct to 341.7 bln won

SEOUL, LG Chem Ltd. on Tuesday reported its first-quarter net profit of 341.7 billion won (US$248.1 million), down 48.9 percent from a year earlier.

Operating profit for the January-March period was 264.6 billion won, down 67.1 percent from a year a…

(EDITORIAL from Korea JoongAng Daily on April 30)

The four-year term of the 21st National Assembly expires on May 29. But the scorecard of the current legislature is extremely shabby due to the never-ending political battles. Among 25,800 bills the lawmakers proposed, only 9,500, or just 36 percent,…

Gov’t to open 10 trails near DMZ for visitors next month

SEOUL, Ten peace-themed trails near the Demilitarized Zone (DMZ), separating the two Koreas, will open to the public in mid-May, the government said Tuesday.

The trails are located across border towns and cities in the provinces of Gyeonggi and Gang…

Korea Glocal Education Fair to open in Yeosu in late May

MUAN, South Korea, An international education fair will kick off in the southwestern city of Yeosu late this month to seek and discuss the direction of future education in the era of digital transformation, organizers said Tuesday.

The Korea Glocal …

Auto exports hit record first-quarter high in 2024

SEOUL, South Korea’s exports of autos reached a record high for any first quarter in 2024, data showed Tuesday.

Outbound shipments of cars came to US$15.84 billion in the January-March period, up 2.8 percent from a year earlier, according to the dat…