KEPCO Engineering and Construction Co. on Wednesday reported its second-quarter net profit of 16.8 billion won (US$12.2 million), up 44.1 percent from a year earlier.

Operating income for the April-June period was 13.2 billion won, up 18 percent f…

In a shocking development, the prosecution broadly surveilled conversations of journalists and opposition lawmakers in the past. The Journalists Association of Korea and the Democratic Party (DP) strongly criticize it, but the prosecution says it was…

The recent electric vehicle fire incidents involving Mercedes-Benz and Kia models could not have come at a worse time for the local automotive industry, which has been eagerly preparing to introduce ambitious new electric models to tackle the so-call…

Seoul shares opened higher Wednesday, tracking gains on Wall Street, two days after their worst rout over fears of a U.S. recession. However, some analysts said worries about market turmoil linger.

The benchmark Korea Composite Stock Price Index (KO…

Celltrion Inc. on Wednesday reported its second-quarter net profit of 78.5 billion won (US$57.1 million), down 48 percent from a year earlier.

The company said in a regulatory filing that it posted 72.5 billion won in operating profit for the quarte…

Lotte Shopping Co., an affiliate of retail giant Lotte Group, said Wednesday it shifted to a net loss in the second quarter due to liquidation losses involving its businesses in China.

Lotte Shopping swung to a net loss of 79.68 billion won (US$58 m…

Diving medal hopeful Woo Haram qualified for his second straight Olympic final in the men’s 3-meter springboard event Wednesday.

Woo finished ninth among 18 divers in the semifinal with 432.00 points at the Aquatics Centre in Saint-Denis, north of P…

Suga of K-pop supergroup BTS on Wednesday apologized for driving an electric scooter under the influence of alcohol.

“I feel heavy hearted and sorry for disappointing you,” the rapper said on K-pop fan community platform Weverse.

“Although no one w…