General

SK Innovation remains in red in Q2

SK Innovation Co. on Thursday reported its second-quarter net loss of 639.7 billion won (US$467.4 million), remaining in the red compared with a year ago.

The company said in a regulatory filing that it continued to post an operating loss of 45.8 bil…

(2nd LD) Exports extend gains to 10th straight month in July

South Korea’s exports extended on-year gains to the tenth straight month in July on the back of the robust performance of semiconductors, data showed Thursday.

Outbound shipments rose 13.9 percent on-year to US$57.4 billion last month, according to t…

Seoul shares up late Thurs. morning on rate-cut hopes

South Korean stocks traded higher late Thursday morning as investors were boosted by the U.S. Federal Reserve’s dovish stance.

The benchmark Korea Composite Stock Price Index had added 0.3 percent to 2,779.1 as of 11:20 a.m.

After freezing its polic…

DL Holdings turns to profits in Q2

DL Holdings Co. on Thursday reported its second-quarter net income of 9.3 billion won (US$6.8 million), shifting from a loss of 89.8 billion won a year earlier.

Operating profit for the April-June period was 142.8 billion, compared with a loss of 7.1…