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Tesla hits record net income of US$ 1.6 bil. in Q3 despite chip shortages

U.S. electric car maker Tesla has reported its best-ever quarterly earnings despite a global chip shortage. The company said Wednesday that it made a net income of 1-point-6 billion U.S. dollars in...

2021-10-21 11:11:08 KST
Naver reports record sales in Q3 on pandemic-driven business

South Korean internet portal Naver has posted record sales for the third quarter. The company on Thursday said sales jumped almost 27 percent on-year to set a record high of 1-point-5 billion U.S. d...

2021-10-21 11:11:02 KST
00:48
Fitch says S. Korea is likely to show strong growth in medium-term; rating stays at AA-

Fitch is holding South Korea's stable credit rating at Double A Minus. The ratings agency pointed out, the country showed has significant recovery despite the pandemic and is likely to have strong grow...

2021-10-21 09:21:07 KST
00:46
Tesla hits record net income of US$ 1.6 bil. in Q3 despite chip shortages

U.S. electric car maker Tesla has reported its best-ever quarterly earnings despite a global chip shortage. The company said Wednesday that it made a net income of 1-point-6 billion U.S. dollars in t...

2021-10-21 08:25:46 KST
00:35
S. Korea's producer price index in September reaches all-time high

South Korea's producer price index hit a record-high in September,rising for the eleventh consecutive month. The Bank of Korea says the index was one-hundred-11-point-one-three, up point-two percent...

2021-10-21 07:44:51 KST
02:14
'Squid Game' frenzy boosts Netflix's Q3 subscriber growth

Amid the surging global interest in its Korean killer content "Squid Game", Netflix has gained more new subscribers than expected. Netflix said Tuesday that the streaming giant has added 4-point-4 m...

2021-10-21 05:03:21 KST
Fitch says S. Korea is likely to show strong growth in medium-term; rating stays at AA-

Ratings agency Fitch will keep South Korea's stable credit rating at Double A Minus. It says that South Korea has shown significant recovery amid the pandemic and is likely to have strong growth ...

2021-10-20 20:24:39 KST
Samsung SDI and Stellantis agree to jointly produce EV batteries for North American market

South Korean battery maker Samsung SDI and global car maker Stellantis have reportedly signed a deal to jointly produce electric vehicle batteries for the North American market. Reuters reported on...

2021-10-20 20:24:25 KST
Kakao Pay starts taking bids from institutional investors for its IPO next month

South Korean fintech firm Kakao Pay has started taking bids from institutional investors for its IPO next month. The proposed price band is between 51 and 76 U.S. dollars and the offering price will ...

2021-10-20 20:24:25 KST
IMF cuts 2021 growth forecast for Asia-Pacific to 6.5% on COVID-19 resurgence, global supply disruptions

The International Monetary Fund has revised down this year's economic growth forecast for Asia-Pacific to 6-point-5 percent. That's down 1-point-1 percentage points from its April project...

2021-10-20 20:24:25 KST
02:19
Samsung SDI and Stellantis agree to jointly produce EV batteries for North American market

South Korean battery maker Samsung SDI and global car maker Stellantis have reportedly signed a deal to jointly produce electric vehicle batteries for the North American market. Reuters reported on Tu...

2021-10-20 17:07:26 KST
02:21
Kakao Pay starts taking bids from institutional investors ahead of IPO next month

Kakao Pay, the fintech unit of Kakao Corporation has started taking bids from institutional investors for its initial public offering next month. The proposed price band is between 51 and 76 U.S. d...

2021-10-20 17:06:26 KST

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Tesla hits record net income of US$ 1.6 bil. in Q3 despite chip shortages

U.S. electric car maker Tesla has reported its best-ever quarterly earnings despite a global chip shortage. The company said Wednesday that it made a net income of 1-point-6 billion U.S. dollars in...

Naver reports record sales in Q3 on pandemic-driven business

South Korean internet portal Naver has posted record sales for the third quarter. The company on Thursday said sales jumped almost 27 percent on-year to set a record high of 1-point-5 billion U.S. d...

Fitch says S. Korea is likely to show strong growth in medium-term; rating stays at AA-

Fitch is holding South Korea's stable credit rating at Double A Minus. The ratings agency pointed out, the country showed has significant recovery despite the pandemic and is likely to have strong grow...

Tesla hits record net income of US$ 1.6 bil. in Q3 despite chip shortages

U.S. electric car maker Tesla has reported its best-ever quarterly earnings despite a global chip shortage. The company said Wednesday that it made a net income of 1-point-6 billion U.S. dollars in t...

S. Korea's producer price index in September reaches all-time high

South Korea's producer price index hit a record-high in September,rising for the eleventh consecutive month. The Bank of Korea says the index was one-hundred-11-point-one-three, up point-two percent...

'Squid Game' frenzy boosts Netflix's Q3 subscriber growth

Amid the surging global interest in its Korean killer content "Squid Game", Netflix has gained more new subscribers than expected. Netflix said Tuesday that the streaming giant has added 4-point-4 m...

Fitch says S. Korea is likely to show strong growth in medium-term; rating stays at AA-

Ratings agency Fitch will keep South Korea's stable credit rating at Double A Minus. It says that South Korea has shown significant recovery amid the pandemic and is likely to have strong growth ...

Samsung SDI and Stellantis agree to jointly produce EV batteries for North American market

South Korean battery maker Samsung SDI and global car maker Stellantis have reportedly signed a deal to jointly produce electric vehicle batteries for the North American market. Reuters reported on...

Kakao Pay starts taking bids from institutional investors for its IPO next month

South Korean fintech firm Kakao Pay has started taking bids from institutional investors for its IPO next month. The proposed price band is between 51 and 76 U.S. dollars and the offering price will ...

IMF cuts 2021 growth forecast for Asia-Pacific to 6.5% on COVID-19 resurgence, global supply disruptions

The International Monetary Fund has revised down this year's economic growth forecast for Asia-Pacific to 6-point-5 percent. That's down 1-point-1 percentage points from its April project...

Samsung SDI and Stellantis agree to jointly produce EV batteries for North American market

South Korean battery maker Samsung SDI and global car maker Stellantis have reportedly signed a deal to jointly produce electric vehicle batteries for the North American market. Reuters reported on Tu...

Kakao Pay starts taking bids from institutional investors ahead of IPO next month

Kakao Pay, the fintech unit of Kakao Corporation has started taking bids from institutional investors for its initial public offering next month. The proposed price band is between 51 and 76 U.S. d...

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UN Special Rapporteur urges UN sanctions on N. Korea be eased during pandemic

UN Special Rapporteur on North Korean Human Rights, Tomas Ojea Quin...

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