General

Seoul shares end over 1 pct higher on calmed recession woes

South Korean stocks finished more than 1 percent higher Friday as investor sentiment was boosted by better-than-expected recent U.S. jobless data, soothing recent recession fears that had rocked global financial markets. The local currency gained aga…

(LEAD) Korea Gas turns to profits in Q2

Korea Gas Corp. (KOGAS) on Friday said it has shifted to a net profit in the second quarter from a year earlier.

Net profit came to 253.3 billion won (US$185.9 million) over the April-June period, shifting from a loss of 66.7 billion won a year earl…

(EDITORIAL from Korea Times on Aug. 9)

The world’s largest search engine firm Google suffered a stunning court defeat in an antitrust trial filed by the U.S. federal government. A U.S. judge ruled on Monday that Google is a monopolistic company that engaged in unlawful practices to suppre…

Kolmar Korea Q2 net profit up 5.9 pct to 45.2 bln won

Kolmar Korea Co. on Friday reported its second-quarter net income of 45.2 billion won (US$32.8 million), up 5.9 percent from a year earlier.

The company said in a regulatory filing that operating income for the April-June period rose 28.9 percent on…

Hanssem shifts to black in Q2

Hanssem Co. on Friday reported its second-quarter net income of 13.5 billion won (US$9.9 million), swinging from a loss of 419 million won a year earlier.

The company said in a regulatory filing that operating profit for the April-June period rose 4…

(Olympics) Kim Yu-jin wins gold medal in women’s taekwondo

Kim Yu-jin grabbed a stunning gold medal in women’s taekwondo at the Paris Olympics on Thursday for South Korea’s second title in two days in its traditional martial art.

Kim defeated world No. 2 Nahid Kiani of Iran 2-0 (5-1, 9-0) in the final of th…