Samsung Electronics estimates lower-than-expected Q3 earnings

SEOUL, October 8 (AJP) - Samsung Electronics Co. said Tuesday that its third-quarter operating profit likely surged 274.5 percent year-on-year to 9.1 trillion won (US$6.7 billion), which fell short of market expectations and prompted the head of its chip business to issue a rare apolo

INTERVIEW: Now is prime time to promote Hangeul amid K-pop's global popularity, scholar says

SEOUL, October 8 (AJP) - Koreans are celebrating Hangeul Day on Wednesday, marking the 578th anniversary of the proclamation of Hangeul, the Korean alphabet. Invented by King Sejong the Great in 1443 and propagated three years later, Hangeul is a highly logical and scientific writing sys

Lawmakers call for probe into 4 trillion-won cryptocurrency fraud

SEOUL, October 8 (AJP) - Democratic Party lawmakers Yang Moon-suk and Min Hyung-bae called for a thorough investigation into a cryptocurrency fraud that has caused an estimated four trillion won ($29.7 billion) in damages, during a National Assembly audit in Seoul on Monday. The so-call