General

Nexon’s Q2 net profit jumps 63 pct on strong sales

South Korea’s leading online gaming firm Nexon Co. said Thursday its net profit soared 63 percent in the second quarter from a year earlier on robust sales of its franchise games.

Its net profit came to 350.4 billion won (US$254.6 million) for the A…

Hankook and Company Q2 net profit up 198.6 pct to 108.5 bln won

Hankook and Company Co. on Thursday reported its second-quarter net profit of 108.5 billion won (US$78.8 million), up 198.6 percent from a year earlier.

The company said in a regulatory filing that it posted 124.8 billion won in operating profit fo…

N. Korea appoints new ambassador to Cuba

North Korea on Thursday appointed a new top envoy to Cuba, nearly five months after its former ambassador left the Caribbean nation following the establishment of diplomatic ties between South Korea and Cuba.

In a one-sentence announcement on its we…