Overseas operations of South Korean securities companies reported a 17% surge in net income to $456 million in 2025, driven by increased trading. Their combined assets grew to $35.74 billion, with profitable operations in 13 countries, though losses were incurred in China and Japan.
Tencent CEO Pony Ma admits past AI shortcomings, announces turnaround progress with Hy3 preview model, amid Q1 earnings miss due to slowed gaming growth.
EToro's Q1 net income rose 37% to $82 million, driven by a surge in commodities trading, despite a 32% year-over-year decline in crypto trade volumes. The company expanded its equities offering, activated crypto trading in New York, and closed the acquisition of self-custodial crypto wallet provider Zengo.
KEPCO's net income rose 6.7% in Q1 to 2.51 trillion won, despite limited sales growth, thanks to cost-saving efforts
NC Corp.'s Q1 net income increased by 306.4% to 152.4 billion won due to strong PC games business
JD.com reported a 53.2% year-on-year drop in first-quarter profit to 5.1 billion yuan as prolonged competition in e-commerce and food delivery hurt earnings. Revenue still rose 4.9% to 315.7 billion yuan.
SEOUL, May 12 (Yonhap) -- Shinsegae Inc., the operator of South Korea's major de...
SEOUL, May 7 (Yonhap) -- KT&G Corp., South Korea's leading tobacco company, ...
SEOUL, May 7 (Yonhap) -- Netmarble Corp., South Korea's mobile game developer an...
Uber said its net income took a $1.5 billion hit in the first quarter of 2026 due to the revaluation of the company's equity investments.
Uber said its net income took a $1.5 billion hit in the first quarter of 2026 due to the revaluation of the company's equity investments.
Uber said its net income took a $1.5 billion hit in the first quarter of 2026 due to the revaluation of the company's equity investments.
Uber said its net income took a $1.5 billion hit in the first quarter of 2026 due to the revaluation of the company's equity investments.
Uber said its net income took a $1.5 billion hit in the first quarter of 2026 due to the revaluation of the company's equity investments.
Uber said its net income took a $1.5 billion hit in the first quarter of 2026 due to the revaluation of the company's equity investments.
SEOUL, May 6 (Yonhap) -- Celltrion Inc., a major South Korean biopharmaceutical ...
A Surat resident's observation of a roadside juice seller revealed the stark reality of his daily earnings. Despite selling many glasses of juice and coconuts, his net income after expenses and rent is modest, supporting a family of four. The story highlights the unseen effort behind everyday services and challenges assumptions about pricing.
Tesla reported Q1 2026 financials showing 16% revenue growth to $22.4 billion with net income of $477 million. Automotive revenue rose 16% to $16.2 billion, while energy storage revenues fell 12% to $2.4 billion. Operating margin improved to 4.2% from 2.1% in Q1 2025. FSD subscriptions reached 1.3 million, up 51%, after Tesla shifted to a $99/month model. The company plans to begin Optimus robot production in Q2.
Tesla has announced plans to begin preparations for its first large-scale factory dedicated to manufacturing Optimus robots, marking a significant step in the company's robotics ambitions.
