July 16, 2024

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KT to pay 122.9 bln won in dividends to shareholders

KT Corp., a major South Korea mobile carrier, said Tuesday it will pay out a combined 122.9 billion won (US$88.7 million) in cash dividends to its shareholders for the second quarter as part of its plans to increase shareholder value.

Shareholders w…

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Yoon says S. Korea-U.S. alliance elevated to ‘nuclear-based’ one

President Yoon Suk Yeol said Tuesday that South Korea’s alliance with the United States has been elevated to a “nuclear-based” one capable of deterring the North’s nuclear threats following their signing of joint nuclear deterrence guidelines.

Last …