Korea Joongang Daily
Korea JoongAng Daily

Online shopping hits record high for February powered by Lunar New Year agricultural sales

Online shopping sales in Korea rose 5.9 percent from a year earlier in February, driven by strong sales in agricultural products during the Lunar New Year holiday period, government data showed Wednesday.

2026-04-01

Amazon misses Q4 profit estimates despite growth in cloud computing business

Amazon sales surged 14 percent during the fourth quarter of 2025 due to strong holiday spending and better-than-expected growth in its prominent cloud computing unit.

2026-02-06

[The Fountain] Taxing tax on alcoholic beverages (KOR)

I wonder if Deputy Prime Minister for Economic Affairs Choo Kyung-ho really wants to increase tax revenue for the government while forcing companies to cut their profits.

2023-02-28

[The Fountain] Taxing tax on alcoholic beverages

I wonder if Deputy Prime Minister for Economic Affairs Choo Kyung-ho really wants to increase tax revenue for the government while forcing companies to cut their profits.

2023-02-27

[Editorial] Banks must return to normal business hours

Why banks must stick to shorter business hours cannot be understood.

2023-01-26

[Today's Cartoon] 2023.01.09

While ordinary citizens are struggling with high interest rates, commercial banks are doling out hefty bonuses to their employees and still reduce branch services by faithfully respecting the 9:30 a.m. to 3:30 p.m. working hours.

2023-01-08

Brokerages' Q3 net up 10.5% on increased investment gains

Korean brokerage firms saw their combined net profits rise 10.5 percent in the third quarter from three months earlier, due to increased income from their proprietary trading, data showed Sunday.

2021-11-28

A terrible idea

Ruling Democratic Party (DP) Chairman Lee Nak-yon has proposed the novel idea of sharing corporate profits to help ease deepening wealth polarization among businesses after the Covid-19 outbreak. Stressing the “need for help from...

2021-01-12

LG U+ stands by Huawei as it reports strong results

LG U+’s chief financial officer said U.S. sanctions on its network equipment provider Huawei would not affect its services.

2020-11-05

LG Electronics reports 87.8% net profit increase in Q3

LG Electronics reported an 87.8 percent increase in net profit in the third quarter to 649.2 billion won ($573 million) on demand for TVs and home appliances from people social distancing at home.

2020-10-30