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Mon, March 27, 2023 | 23:46
Dec. business sentiment hits 4-year low
Korea's business sentiment for December hit its lowest level in nearly four years due to concerns over the persistent eurozone crisis, record high household debt and the U.S. fiscal cliff, a poll showed Wednesday.
Korean futures firms' H1 earnings down 61.5%
Korean futures companies saw their earnings more than halve in the first half of fiscal 2012 from a year earlier, largely due to a decline in commission incomes amid the economic slowdown, the financial regulator said Wednesday.
Ericsson sues Samsung in US for patent infringement
Swedish telecommunications equipment maker Ericsson said Tuesday that it was suing South Korean rival Samsung in a US court for violating patents.
US says 'nothing new' on NK's reported missile launch preparations
The U.S. government said Monday that it has no "new" information on North Korea's possible preparations for another long-range rocket launch.
Five candidates register for Seoul education chief
The race for Seoul's education chief, a post vacated because of a bribery scandal, is set to begin this week, as five candidates registered by Monday for the Dec. 19 election which will be held together with the presidential poll.
NK ship captured in Somalia over sea dumping: media
Somali authorities have seized a North Korean vessel for allegedly dumping cement off the country's coast, and plan to bring its crew to a local court, a U.S. news Web site monitoring North Korean issues reported Monday.
Trainee prosecutor arrested for having sex with theft suspect
A trainee prosecutor, accused of performing sexual acts with a female suspect during questioning, was put under an emergency arrest Saturday on "bribery" charges, prosecution officials said.
GM Korea invest 100 bil. won in expansion
Korea's third-largest carmaker GM Korea Co., the local unit of General Motors Co., said Thursday it will invest more than 100 billion won ($92.1 million) in expanding its facilities to produce next-generation turbocharged gasoline engines.
Sales of Viagra plunge due to generic drugs
Sales of the anti-impotence pill Viagra in Korea have nearly halved in five months since production of a local generic drug was approved earlier this year, industry data showed Thursday.
BOK chief urges firms to up investment, job growth
Korea's top central banker called for local companies Wednesday to expand investment and create more jobs in a bid to help the economy recover from a prolonged slowdown.
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