General

(EDITORIAL from Korea Times on Aug. 6)

Iran and its allies are vowing bloody vengeance against Israel in response to the assassination of Hamas’ top leader Ismail Haniyeh. Concerns are growing over the possibility of an all-out war between Israel and Iran, the two archrivals in the Middle…

NHN Q2 net profit down 70 pct to 4.6 bln won

NHN Corp. on Tuesday reported its second-quarter net profit of 4.6 billion won (US$3.4 million), down 70 percent from a year earlier.

Operating income for the April-June period was 28.5 billion won, up 36.3 percent from a year ago, the company said …

(LEAD) Seoul shares sharply rebound from worst rout

South Korean stocks rose more than 3 percent Tuesday, rebounding from the previous day’s worst market sell-off, sparked by fears over a U.S. recession and the sluggish performance of big tech firms. The local currency slightly fell against the U.S. g…