Samsung Electronics' operating profit jumps 933% in first quarter, beats expectations
Samsung Electronics on Tuesday said operating profit for the first quarter jumped 932.8% as memory chip prices rebounded on the back of AI optimism.
Asian news from South Korea
DPRK test-fires new anti-aircraft missile
The Democratic People's Republic of Korea (DPRK) conducted a power test of a super-large warhead designed for the "Hwasal-1 Ra-3" strategic cruise missile and a test launch of the "Pyoljji-1-2" new-type anti-aircraft missile in the western waters off the Korean Peninsula on Friday afternoon, the official Korean Central News Agency (KCNA) reported Saturday.
DPRK's delegation to attend flagship St. Petersburg economic forum
A delegation from the Democratic People's Republic of Korea (DPRK) will attend the St. Petersburg economic forum, Russia's annual gathering, which President Vladimir Putin and the country's top business executives usually attend, the TASS news agency said on Thursday.
South Korea expresses regret over Japanese PM sending offering to war-linked shrine
South Korea on Sunday expressed regret over Japanese Prime Minister Fumio Kishida sending a ritual offering to the notorious war-linked Yasukuni Shrine on the occasion of the shrine's spring festival.
South Korean woman makes cafe manager kneel in apology over missing straw, sparks public outcry
What would you do if your drink was delivered without a straw?
Hong Kong is poised to be a bigger force for regional prosperity
Indeed, all RCEP members, including the economies of the Association of Southeast Asian Nations, are already important trading partners of Hong Kong’s. The city has signed free trade agreements with 13 of the 15 RCEP members. RCEP members accounted for 71 per cent of the city’s total merchandise trade in 2022 and 46 per cent of its total trade in services in 2021.
Samsung reports chip profits after a year of losses, as AI boom drives fourfold surge in overall income
The world’s largest memory chip maker reported net income of 6.62 trillion won (US$4.8 billion) in the March quarter, versus the average analyst projection for 5.63 trillion won. That is more than four times the company’s earnings a year earlier.
South Korea and Cuba to open diplomatic missions, decades after cutting ties
SEOUL -- The South Korean and Cuban governments have agreed to establish mutual permanent diplomatic missions, in a major blow to North Korea.