Hyundai-Rotem Co. on Wednesday reported its third-quarter net income of 6.2 billion won ($5.3 million), up 36.3 percent from a year earlier. The company said in a regulatory filing that operating income for the July-September period fell 74.6 percent on-year to 7.9 billion won. Revenue increased 2.5 percent to 710.4 billion won. The operating profit was 70.1 percent lower than the average estimate, according to the survey by Yonhap Infomax, the financial data firm of Yonhap News Agency. The es

South Korea's new coronavirus cases soared to nearly 2,000 Wednesday, as fresh concerns emerge over people letting their guard down ahead of the start of a gradual easing of virus curbs aimed at returning to normalcy. The country added 1,952 more COVID-19 cases, including 1,930 local infections, raising the total caseload to 356,305, according to the Korea Disease Control and Prevention Agency (KDCA). The latest count is a big jump from the previous day's 1,266 and 1,190 reported on Monday, al

Korea Zinc Inc. on Wednesday reported its third-quarter net profit of 200.3 billion won ($171.6 million), up 17.5 percent from a year earlier. The company said in a regulatory filing that operating profit for the July-September period fell 0.6 percent on-year to 265.8 billion won. Revenue increased 22.2 percent to 2.41 trillion won. The operating profit was 1.3 percent lower than the average estimate, according to the survey by Yonhap Infomax, the financial data firm of Yonhap News Agency. The

지난 주에 이어 우리 일상의 대화를 좀 더 세련되게 만들 수 있는 표현들을 보겠습니다. 저희 책 『나는 더 영어답게 말하고 싶다 일상회화 편 2』에서 뽑은 표현들입니다.   <능력이나 능력부족에 대해 말할 때> 1 A You put the jewelry in the third drawer from the top after John’s wedding last year. B Wow, you have an elephant’s memory. A 당신 작년에 존 결혼식에 갔다 와서 보석을 위에서 세 번째 서랍에 넣었어. B 정말 기억력이 대단해요. SITUATION 기억력이 뛰어나다고 할 때 한국말처럼 He has such a great ability to remember. 영어답게 He has an elephant’s memory. 우리말에서는 기억력이 좋은 사람을 코끼리에 빗대어 표현하지 않지만 have an

South Korean stocks opened lower Wednesday as investors attempted to cash in gains. The benchmark Korea Composite Stock Price Index (KOSPI) fell 7.81 points, or 0.26 percent, to 3,041.27 points in the first 15 minutes of trading. The KOSPI got off to a lackluster start amid losses in tech and chemicals, while bio and auto stocks performed well. Top cap Samsung Electronics lost 0.98 percent to 70,400 won, and No. 2 chipmaker SK hynix traded flat at 102,000 won. Leading chemical firm LG Chem

The office of President Moon Jae-in was mulling how much courtesy to extend to late former President Roh Tae-woo, including whether to hold a state funeral for the country's last general-turned-president accused of deep involvement in a coup and the bloody crackdown on a pro-democracy uprising. Moon has not issued any message yet since Roh died Tuesday at age 88, suggesting that soul-searching is under way to determine the right balance between paying respect to a late predecessor and public se

North Korea has held a Cabinet meeting and urged officials to put utmost efforts to accomplish the country's five-year economic development plan, state media reported Wednesday. The enlarged plenary meeting of the Cabinet took place via video links the previous day, chaired by Premier Kim Tok-hun, with Vice Premier Pak Jong-gun making a report on the country's economic performance, according to the North's official Korean Central News Agency (KCNA). During the meeting, Pak analyzed deficiencie

Pan Ocean Co. on Wednesday reported its third-quarter net income of 179 billion won ($153.4 million), up 325.2 percent from a year earlier. The company said in a regulatory filing that operating profit for the July-September period rose 204.1 percent on-year to 191.3 billion won. Revenue increased 109.4 percent to 1.32 trillion won. The operating profit was 21.5 percent higher than the average estimate, according to the survey by Yonhap Infomax, the financial data firm of Yonhap News Agency. T

The United States is not aware of North Korea's possible participation in the upcoming UN climate change conference, a state department spokesperson said Tuesday. Ned Price said the US accordingly had no immediate plans to engage with North Korea at the climate conference, known as the Conference of the Parties (COP), set to be held in Glasgow, Britain. "I am not aware. First of all, I would have to refer you to Pyongyang to speak to any plans they may have to participate in Glasgow next

Samsung SDS Co. on Wednesday reported its third-quarter net profit of 199.4 billion won ($170.8 million), up 23.9 percent from a year earlier. The company said in a regulatory filing that it posted 222 billion won in operating profit for the quarter, compared with 219.8 billion won a year ago. Sales rose 13.9 percent to 3.38 trillion won. The operating profit was 3.8 percent lower than the average estimate, according to the survey by Yonhap Infomax, the financial data firm of Yonhap News Agenc

The United States and South Korea are aligned on the need to engage with North Korea diplomatically, but may differ when it comes to when and what steps should be taken to bring the recalcitrant North back to the dialogue table, US National Security Adviser Jake Sullivan said Tuesday. His remarks come amid a South Korean push for a declaration of the end of the Korean War that it insists can be a catalyst to restart dialogue with North Korea. "We may have somewhat different perspectives o

South Korea's corporate direct financing edged up in September from the previous month due to a surge in bond sales, data showed Wednesday. Local companies raised a combined 19.6 trillion won ($16.8 billion) by selling stocks and bonds in September, up 1.4 percent from a month ago, according to the data from the Financial Supervisory Service (FSS). Corporate bond sales swelled 18.2 percent on-month to 17.6 trillion won in September. In contrast, local firms' stock sales tumbled 54.5 percent

South Korea's consumer sentiment rose to the highest level in four months in October as an accelerated pace of COVID-19 vaccination raised hope for a return to normal life, central bank data showed Wednesday. The composite consumer sentiment index (CCSI) came in at 106.8 in October, up 3 points from the previous month, according to the data from the Bank of Korea. The reading is the highest since the index rose to 110.3 in June. A reading above 100 means optimists outnumber pessimists. The g