General

KCC swings to red in Q2

KCC Corp. on Monday reported its second-quarter net loss of 32.8 billion won (US$24.2 million), shifting from a profit of 67.3 billion won a year earlier.

Operating profit for the April-June period was 140.6 billion won, up 55.5 percent from a year …

(LEAD) Opposition unilaterally passes contentious pro-labor bill

The opposition-controlled National Assembly on Monday passed a pro-labor bill that aims to limit companies from making claims for damages against legitimate labor union disputes despite protest from ruling party lawmakers.

The main opposition Democr…

(2nd LD) NCSOFT Q2 operating profit down 75 pct on weak sales

NCSOFT Corp., a major South Korean game developer, said Monday its operating profit decreased 75 percent from a year earlier on sluggish sales.

Operating profit for the April-June period came to 8.8 billion won (US$6.4 million), compared with 35.3 b…

(Olympics) Diver goes for 1st medal in springboard

Woo Haram owns the record for the best Olympic performance by a South Korean diver, with his fourth-place finish in the men’s 3-meter springboard event at the 2021 Tokyo Olympics.

He will try to improve on that and grab the country’s first-ever divi…

Kia’s EV sales in U.S. double in Jan.-July

Electric vehicle sales by Kia Corp., South Korea’s No. 2 automaker, in the United States from January to July jumped twofold on-year thanks to the strong demand of the company’s EV9 SUV model, industry data showed Monday.

According to the data from …