Your Search Returned 34 tagged news reports
South Korea's antitrust watchdog said it decided to impose a total of 668.9 billion won (578.6 million U.S. dollars) on six major local liquefied petroleum gas (LPG) companies for price fixing activities, local dailies reported Thursday. The Fair...
Tags: Fair Trade Commission, South Korea, antitrust watchdog, price fixing, SK Energy Co., petroleum gas, liquefied petroleum, LPG, GS Caltex Corp., billion won, China, Xinhua, Anti-competitive behaviour, S-Oil, Liquefied petroleum gas, E1 Corp., Pricing, Chaebol, SK Group, Business Finance, Competition, Cartel, Fuels
South Korea's largest shipping line, said today that it swung to a loss in the third quarter from a year earlier on falling shipping rates. The company posted a net loss of 421 billion won (US$362 million) in the July-September period, compared with a...
Tags: Hanjin Shipping Co., billion won, South Korea, Seoul, Containerization, Hanjin Group, Chaebol, Hanjin, Business Finance
Major shareholders of struggling South Korean GM Daewoo Auto & Technology Co. failed Wednesday to subscribe to the company's new share issue, overshadowing its efforts to ride out a cash crunch, sources said. General Motors Corp., the Korea Development...
Tags: GM Daewoo, South Korean, GM International Operations, General Motors Corp., korean unit, General Motors Co., billion won, rights offering, Suzuki Motor Corp., daewoo auto
Net profit in the three months to the end of September more than tripled to 979.1 billion won ($A889.99 million) from 264.7 billion won ($A239 million) a year earlier, the company said. Sales rose 33.8 per cent year-on-year to 8.09 trillion won ($A733.1...
Tags: billion won, South Korean, trillion won, net profit, Hynix Semiconductor Inc., Kia Motors Corp.
South Korea's top automaker, said on Thursday its quarterly profit more than tripled to a record high, beating market expectations, fueled by higher sales on government incentives and a lack of strike activity. Hyundai, the world's No.4 car maker along...
Tags: LG Electronics Inc., mobile phones, Samsung Electronics Co Ltd, net profit, Samsung Electronics Co., Nokia Corp., billion won, profit soared
South Korea's main flag carrier Korean Air said Friday it swung to a net profit in the second quarter thanks to lower jet fuel prices and a strengthening won against the dollar. The airline said it posted a net profit of 78.5 billion won (US$64 million)...
Tags: South Korea, Korean Air Lines Co., net profit, billion won
Verizon shares slipped 1 percent in pre-market trading after the release of the results, which were largely in line with Wall Street expectations. Verizon said that while revenue increased 0.2 percent in its mass-market landline segment, including home...
Tags: Verizon Communications Inc., Associated Press Verizon, net profit, largest wireless, SK Telecom Co., SK Telecom Profit Rises, billion won, wireline business, job cut, business failed
Samsung Electronics Co., the world's biggest maker of computer memory chips, said second-quarter net profit rose 5.2 percent while rival Hynix reported a narrower loss as the chip industry emerges from a deep slump. Samsung, also the world's biggest manufacturer...
Tags: Samsung Electronics Co., Samsung Earnings Soar, memory chips, trillion won, net profits, Hynix Semiconductor Inc., previous quarter, computers memory, billion won, quarter sales
The figure, as of 22 June, compares with an average of eight daily attacks last year, said Lee Chan-Ho, a chief analyst with the unification ministry which handles cross-border ties. Relations have worsened sharply since President Lee took office in February...
Tags: president lee, South Korean, Lee Myung-bak, korean president, green growth, U.S, billion won, president donates, Lee Myung-bak, needy students
The South Korean government said Friday that it plans to intensify its efforts on securing vaccines against the A/H1N1 virus, increasing its expenditure to nearly 200billion won, or 157 million U.S. dollars. "We will continue to work on securing enough...
Tags: South Korea, billion won, swine flu, flu vaccine