Hotel Shilla Co. on Friday reported its second-quarter net income of 27.4 billion won (US$19.8 million), down 62.1 percent from a year earlier.

Operating income for the April-June period was 27.6 billion won, down 58.9 percent from a year ago, the c…

North Korea said Friday it is preparing for a grand event celebrating the upcoming 71st anniversary of the signing of the armistice that ended the 1950-53 Korean War, with its leader Kim Jong-un sending gifts to war veterans across the nation.

North…

Hyundai Mobis Co. on Friday reported its second-quarter net income of 997.7 billion won (US$720.1 million), up 7 percent from a year earlier.

The company said in a regulatory filing that it posted 636.1 billion won in operating profit for the quarte…

South Korea has launched an education program on the K9 self-propelled howitzer for a group of military personnel from Australia, Poland and Egypt, the Army said Friday.

The three-week program, which began July 9, is meant to provide the countries w…

The Meteorological Department reported that the eastern region and the western part of the northern region will experience heavy rain in some areas. The upper northeastern region and the western part of the central region will continue to experience …

KG Mobility Corp. on Friday reported its second-quarter net income of 32.6 billion won (US$23.6 million), up 81.5 percent from a year earlier.

The company said in a regulatory filing that it posted 10.6 billion won in operating profit for the quarte…

A mother asked the police to help find her son who had been missing from home for a week and could not be contacted. He was found dead and tied up in a village pond. The killer claimed that they had a fight over liking the same woman.

A team of dive…

Doosan Enerbility Co. on Friday reported its second-quarter net income of 220.8 billion won (US$159.3 million), down 16 percent from a year earlier.

The company said in a regulatory filing that it posted 309.8 billion won in operating profit for the…