News
Namyang Dairy Products Ends Five-Year Loss Streak, Posts Sales and Operating Profit Growth in Q1
11+ hour, 11+ min ago (520+ words) Published 15 May. 2026 18: 08(KST) On May 15, Namyang Dairy Products announced that it recorded consolidated sales of 225. 2 billion won and operating profit of 500 million won in the first quarter of this year. Sales increased by 4. 4% compared to the same period last year,…...
Kyobo Life Insurance Achieves Growth in Both Core Insurance and Investment Profit. .. Separate Net Profit Reaches 330. 1 Billion Won
11+ hour, 21+ min ago (280+ words) Published 15 May. 2026 17: 58(KST) Kyobo Life Insurance recorded solid performance in the first quarter of this year, achieving simultaneous growth in both its core insurance business and investment sector. This was attributed to the expansion of sales of protection-type products, such…...
Hwasun County to Begin Second Round of High Oil Price Relief Payments; Applications Open from the 18th
9+ hour, 24+ min ago (390+ words) Published 15 May. 2026 19: 55(KST) Hwasun-gun, South Jeolla Province, will begin the second round of "High Oil Price Relief Payments" on May 18 to help stabilize the livelihoods of residents struggling due to high oil prices and rising inflation. This support is part…...
Mona Yongpyong Achieves 19. 6% Operating Profit Margin in Q1. .. Strengthens Four-Season Resort Strategy
17+ hour, 11+ min ago (407+ words) Published 15 May. 2026 12: 07(KST) Mona Yongpyong maintained stable profitability in the first quarter of this year, continuing to build its growth foundation centered on its resort operations. The company plans to secure mid- to long-term growth drivers by expanding premium condominium sales…...
Variable Mortgage Rates Rise. .. COFIX Up 0. 08%p in April
13+ hour, 50+ min ago (251+ words) Published 15 May. 2026 15: 28(KST) The Cost of Funds Index (COFIX), which serves as the benchmark for variable-rate mortgage loans in the banking sector, has risen across the board. The COFIX based on new loans recorded a 0. 08 percentage point increase from the…...
Lotte Insurance Posts Q1 Net Loss Amid Middle East Risks. .. Insurance Operations Turn Profitable
12+ hour, 2+ min ago (351+ words) Published 15 May. 2026 17: 16(KST) Although Lotte Insurance recorded a net loss in the first quarter of this year due to volatility in the financial markets caused by the Middle East war and rising oil prices, the company's core insurance profitability improved....
'Gyeonggi Energy Great Transformation Working Group' Launched. .. 10 GW of Renewable Energy by 2030
13+ hour, 43+ min ago (153+ words) Published 15 May. 2026 15: 36(KST) Gyeonggi Province launched the "Gyeonggi Energy Great Transformation Working Group," led by private sector experts, on May 15 to design the future direction of its energy policy and further advance the "Gyeonggi RE100" initiative. On this day, Gyeonggi Province…...
Is It the "8, 000-Point Curse? KOSPI Drops to 7, 400 After Brief Surge; KOSDAQ Falls 5%
13+ hour, 25+ min ago (247+ words) Published 15 May. 2026 15: 54(KST) Updated 15 May. 2026 16: 05(KST) On the 15th, the KOSPI surpassed the much-anticipated "8, 000-point" mark, but extended its intraday losses to close at the 7, 400 level. The KOSDAQ also declined by 5%, reflecting an overall bearish market. All large-cap stocks by market…...
Miryang, Now Below 100, 000 Residents, Finds a Path Through Arirang and Young Entrepreneurship
15+ hour, 36+ min ago (343+ words) Published 15 May. 2026 13: 43(KST) In Miryang, Gyeongnam, where the population has dropped below 100, 000, old hanok houses and the time-honored Arirang are being transformed into experimental platforms for local culture and tourism. On May 14, Choi Hwiyoung, Minister of Culture, Sports and Tourism,…...
Gwangyang City Selected for 'Steel'Metal Artificial Intelligence Transformation Demonstration Center Establishment Project"
20+ hour, 22+ min ago (340+ words) Published 15 May. 2026 08: 56(KST) Gwangyang City, South Jeolla Province, announced that it has been finally selected for the Ministry of Trade, Industry and Energy's public contest project, the "Steel'Metal Artificial Intelligence Transformation (AX) Demonstration Center Establishment Project." This project is being…...