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Tue, February 27, 2024 | 06:12
NK signs air service deal with UAE
North Korea has signed an air service deal with the United Arab Emirates in an apparent attempt to provide cheaper transportation means for its overseas workers, an informed source said Friday, though the prospect of launching regular flights between the two nations remains unclear.
LG Uplus swings to net loss on LTE costs
LG Uplus Corp., Korea's No. 3 mobile carrier, on Thursday said it shifted to the red in the third quarter from a year earlier due to increased spending on the faster long-term evolution (LTE) network.
Korean banks' bad loan rate slips in Sept.
The delinquency rate for loans extended by South Korean banks fell in September from a month earlier, largely due to an increase in overdue debt clearance by large firms, the financial regulator said Thursday.
Korean firms suffer ratings downgrades
A growing number of Korean companies have seen their credit ratings downgraded this year due to a protracted economic slowdown and lingering external uncertainties, industry data showed Wednesday.
Females make up 32% of Samsung's second half hiring
The portion of women workers among fresh recruits by Samsung, Korea's top conglomerate, in the second half broke the 30-percent mark, a company official said Wednesday, mirroring the growing clout of females in the workforce in the country.
IOC issues medal certificate for Korean footballer
The International Olympic Committee (IOC) has signed off on an Olympic medal certificate for a Korean football player who was banned from collecting his medal following a controversial post-match celebration at the London Games, an official here said Wednesday.
Nexen Tire posts 77% jump in 3rd quarter operating profit
Nexen Tire Corp., Korea's third-largest tire maker, said Wednesday that its third-quarter operating profit jumped 77 percent from a year earlier thanks to robust sales of its tires.
Summons of Lee's brother delayed to Thursday
Special prosecutors said Tuesday they have delayed this week's questioning of President Lee Myung-bak's eldest brother over his role in the president's now-scrapped retirement home project by one day at his request.
Political parties square off over NLL
Political parties upped the stakes Tuesday over the alleged disavowal of the de facto sea border with North Korea by late President Roh Moo-hyun that could impact this year's presidential election.
Forex authorities to check banks' currency forwards
Korea's foreign exchange authorities said Tuesday they will look into banks' currency forward transactions in a bid to curb excessive foreign borrowing amid a sharp appreciation of the local currency.
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