POSCO Holdings Inc. on Thursday reported its second-quarter net profit of 500 billion won (US$360.6 million), down 37.5 percent from a year earlier.

The company said in a regulatory filing that operating profit for the April-June period fell 38.5 per…

China has said it will appoint an “appropriate” and “excellent” person as the next top envoy to Seoul, as South Korea is an important country for Beijing, an official at the foreign ministry said Thursday.

The Seoul official cited the remarks made by…

Samsung E and A Co. on Thursday reported its second-quarter net income of 205.3 billion won (US$148.1 million), down 18.4 percent from a year earlier.

Operating profit for the April-June period was 262.6 billion won, down 23.8 percent from a year ago…

The National Assembly on Thursday rejected a bill mandating a special counsel investigation into the military’s response to a Marine’s death, while the ruling People Power Party (PPP) launched a filibuster over contentious broadcasting bills.

The spe…

HD Hyundai Mipo Co. on Thursday reported its second-quarter net profit of 29 billion won (US$20.9 million), swinging from a loss of 34.9 billion won a year earlier.

Operating profit for the April-June period was 17.4 billion, compared with a loss of …

South Korean archer Lim Si-hyeon set a world record in the women’s ranking round of the Paris Olympics on Thursday.

Lim scored 694 out of a possible 720 points at Les Invalides in Paris, finishing first in the ranking round. Another South Korean arch…

Hanwha Solutions Corp. on Thursday reported its second-quarter net loss of 329.8 billion won (US$237.9 million), swinging from a profit of 23 billion won a year earlier.

The company said in a regulatory filing that it posted an operating loss of 107….

With South Korean golfer Park In-bee running for election to the International Olympic Committee (IOC)’s Athletes’ Commission, three candidates have dropped out of the race.

The commission’s website listed 29 candidates Thursday, down from the initia…