General

Yonsei University revokes master’s degree of Cho Kuk’s son

Yonsei University has revoked the master’s degree of a minor party leader’s son following a court ruling related to the case, informed school officials said Thursday.

The university recently decided to cancel the admission of Cho Won, the son of Cho…

(LEAD) KT&G Q2 net jumps 58 pct on strong exports

KT and G Corp., South Korea’s dominant tobacco company, said Thursday its second-quarter net profit jumped 58 percent from a year earlier helped by strong exports and a weak won.

Net profit for the three months to June rose to 318 billion won (US$23…

(LEAD) Seoul shares end two-day rise after global sell-off

South Korean stocks ended a two-day rebound after the global crash as investor sentiment was dampened by lingering U.S. recession woes and the sluggish performance of big tech firms. The local currency slightly fell against the U.S. dollar.

The benc…