General

Woori Financial’s Q2 net jumps on noninterest income

Woori Financial Group Inc. said Thursday its second-quarter net profit jumped, thanks to a sharp increase in noninterest income.

The financial holding firm’s net profit came to 931.4 billion won (US$672.3 million) in the April-June period, up 49 perc…

‘Elaboo Boo’ Drug Dealer Marketing Strategy

There was a stir but shock when ‘La Boo Boo’, a doll beloved by many, was used to stamp ecstasy pills. This was found for the first time in Chiang Rai Province after authorities raided a karaoke bar and found customers using ecstasy pills in the shape…

(LEAD) SK hynix turns to black in Q2 on robust AI chip sales

SK hynix Inc. said Thursday it shifted to a profit in the second quarter on solid sales of its premium artificial intelligence (AI) memory chips.

The world’s second-largest memory chipmaker posted an operating profit of 5.46 trillion won (US$3.95 bil…

(LEAD) LG Energy Solution swings to Q2 loss on EV slowdown

LG Energy Solution Ltd. (LGES), South Korea’s leading battery maker, said Thursday it shifted to a net loss in the second quarter due to slowing sales of electric vehicles (EVs).

In the three months ended in June, LGES swung to a net loss of 23.7 bil…