Seoul shares opened higher Wednesday, tracking gains on Wall Street, two days after their worst rout over fears of a U.S. recession. However, some analysts said worries about market turmoil linger.
The benchmark Korea
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
The Navy is set to receive its first batch of MH-60R Seahawk maritime helicopters in December, officials said Wednesday, a move that could boost its anti-submarine capabilities against North Korean threats.
In 2020, the
North Korean leader Kim Jong-un has attended a ceremony to dispatch young workers to flood-affected areas on the northern border, describing the restoration efforts as a “gigantic revolutionary construction campaign,” state media said Wednesday.
HD Korea Shipbuilding and Offshore Engineering Co. (HD KSOE) said Wednesday it has received a 219.5 billion-won (US$159 million) order to build two liquefied petroleum gas (LPG) carriers for a shipper in the Middle