General

Korean Air’s Q2 net down 6 pct on increased fuel, labor costs

Korean Air Co., South Korea’s leading carrier, said Wednesday its second-quarter net profit fell 6 percent on-year due to an increase in fuel and labor costs.

Net profit for the three months ending in June reached 349 billion won (US$251.2 million),…

Catching illegal rosewood logging in Khao Yai National Park

Prachin Buri, Khao Yai National Park arrested a rosewood logger with a gun and knife. A search found drug paraphernalia. The suspect was taken to Prachantakham Police Station in Prachin Buri Province for legal proceedings.

Mr. Chaiya Huaihongthong, …

S. Korean Bond Yields on morning of Aug. 7, 2024

Today (%) Previous Session(%) Change (BP)

1-year TB 3.107 3.112 -0.5

2-year TB 3.068 3.050 +1.8

3-year TB 2.960 2.935 +2.5

10-year TB 3.010 2.993 +1.7

2-year MSB 3.010 2.999 +1.1

3-year CB (AA-) 3.418 3.398 +2.0

Source: Yonhap News Agency

Shinsegae Q2 net profit down 26.2 pct to 58.1 bln won

Shinsegae Inc. on Wednesday reported its second-quarter net income of 58.1 billion won (US$42.2 million), down 26.2 percent from a year earlier.

The company said in a regulatory filing that it posted 117.5 billion won in operating profit for the qua…

Very cute “Fancy Luk Chup” made by students

Ratchaburi, Cute and delicious ‘Fancy Luk Chup’ made by students from Ratchaburi Technical College, made into a set of mackerel chili paste, vegetables, grilled meatballs, grilled pork, bright colors, new ideas from students, can be made into a caree…

(EDITORIAL from Korea JoongAng Daily on Aug. 7)

In a shocking development, the prosecution broadly surveilled conversations of journalists and opposition lawmakers in the past. The Journalists Association of Korea and the Democratic Party (DP) strongly criticize it, but the prosecution says it was…