August 7, 2024

Yoon visits southern naval base during summer vacation

President Yoon Suk Yeol visited a major naval base in the southern part of the country this week as part of his summer vacation, his office said Wednesday.

During the two-day visit to the naval base in Changwon, some 310 kilometers southeast of Seou…

Korea Zinc Q2 net profit up 41.3 pct to 175.5 bln won

Korea Zinc Inc on Wednesday reported its second-quarter net profit of 175.5 billion won (US$127.4 million), up 41.3 percent from a year earlier.

The company said in a regulatory filing that it posted 268.7 billion won in operating profit for the qua…

Weak domestic demand constrains S. Korean economic recovery: KDI

The South Korean economy is on a recovery track on strong exports, but sagging domestic demand has limited the overall economic improvement, a state-run think tank said Wednesday.

“The Korean economy has sustained strong export growth, primarily fue…