General

Coway Q2 net profit up 43.9 pct to 154.2 bln won

Coway Co. on Friday reported its second-quarter net income of 154.2 billion won (US$113.1 million), up 43.9 percent from a year earlier.

Operating income for the April-June period was 211.2 billion won, up 8.8 percent from a year ago, the company sa…

U.S. amphibious assault ship arrives in Busan for replenishment

A U.S. Navy amphibious assault ship arrived at a major southern naval base Friday to replenish supplies and provide rest for its crew members, South Korea’s Navy said.

The 40,500-ton USS Boxer amphibious assault ship, which is capable of carrying at…

(EDITORIAL from Korea Herald on Aug. 9)

Electric vehicles have promised a transition to eco-friendly transport in the future. With governments around the world offering tax and policy incentives, the era of EVs seemed to be a sure thing.

But carmakers are now either delaying or reconsider…