Most Popular
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Actor Jung Woo-sung admits to being father of model Moon Ga-bi’s child
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Wealthy parents ditch Korean passports to get kids into international school
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Man convicted after binge eating to avoid military service
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First snow to fall in Seoul on Wednesday
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Final push to forge UN treaty on plastic pollution set to begin in Busan
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Korea to hold own memorial for forced labor victims, boycotting Japan’s
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Nvidia CEO signals Samsung’s imminent shipment of AI chips
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Job creation lowest on record among under-30s
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NK troops disguised as 'indigenous' people in Far East for combat against Ukraine: report
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Opposition leader awaits perjury trial ruling
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[EQUITIES] Hyundai Securities forecasts record-breaking Q2 earnings for Hansol Chemical
[THE INVESTOR] Hyundai Securities has forecast that Hansol Chemical will post record-high earnings in the second quarter of this year.Operating profit was projected to rise 56 percent on-year to 21.4 billion won (US$ 18.66 million), while sales will rise 15 percent to 1.05 billion won. Consequently, the quarterly operating profit rate was estimated to reach 20.1 percent, which was more than double the 9.4 percent average rate over the past five years, according to the brokerage. The biggest driv
July 14, 2016
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HHIC Holdings kicks off sale of 3 energy subsidiaries
[THE INVESTOR] Hanjin Heavy Industries and Construction Holdings on July 13 began the process of selling three energy-related subsidiaries. The companies -- Daeryun Power, Byeollae Energy and Daeryun E&S -- are to be sold as a bundle, and the sale will be conducted by Mirae Asset Daewoo. Hanjin Heavy's Subic ShipyardHHIC Holdings and Daeryun E&S each hold 29.17 percent and 50 percent in Daeryun Power and Byeollae Energy, respectively. Daeryun E&S, a gas supplier, is 100 percent owned by HHIC Hol
July 14, 2016
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[EQUITIES] LIG Investment & Securities forecasts lower earnings for Hyundai Motor
[THE INVESTOR] LIG Investment & Securities on July 14 said Hyundai Motor’s second-quarter earnings would fall below market estimates. Operating profit for the world’s fifth-largest automaker declined 3.3 percent to 1.7 trillion won (US$ 1.48 billion), while sales rose 5.2 percent to 23.9 trillion won. Hyundai Motor’s global sales rose 4.3 percent in the second quarter, while domestic sales increased 4.9 percent.But the automaker is suffering from falling exports, mainly on the back of declining
July 14, 2016