General

(EDITORIAL from Korea Herald on Aug. 8)

One hundred Filipina child care workers entered the country Tuesday to participate in the pilot foreign caregiver program pushed jointly by the Seoul Metropolitan Government and the Ministry of Employment and Labor.

They are scheduled to provide chi…

Seoul shares open lower on lingering U.S. recession woes

South Korean stocks started lower Thursday amid lingering fears about a U.S. recession.

The benchmark Korea Composite Stock Price Index (KOSPI) lost 28.7 points, or 1.12 percent, to 2,539.71 in the first 15 minutes of trading.

Overnight, the Dow Jo…

CS Wind Q2 net income up 404.8 pct to 106 bln won

CS Wind Corp. on Thursday reported its second-quarter net profit of 106 billion won (US$76.9 million), up 404.8 percent from a year earlier.

The company said in a regulatory filing that operating profit for the April-June period rose 211.5 percent o…

N. Korea appoints new ambassador to Cuba

North Korea on Thursday appointed a new top envoy to Cuba, nearly five months after its former ambassador left the Caribbean nation following the establishment of diplomatic ties between South Korea and Cuba.

In a one-sentence announcement on its we…