Kwanwoo Jun
Correspondent at The Wall Street Journal
Journalist. Covering Korean economy @WSJ. Father of two kids. Hiking lover. NYU J-school alum. I do what I Iove; I love what I do.
Articles
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5 days ago |
marketscreener.com | Kwanwoo Jun
South Korean internet giant Naver suffered a net profit setback as increased labor and marketing costs for artificial-intelligence services and other new business initiatives weighed on its bottom line despite solid revenue growth. Strong one-off gains from the disposal of subsidiaries a year earlier also made its profit look weak this year, the company said.
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5 days ago |
morningstar.com | Kwanwoo Jun
By Kwanwoo Jun South Korean internet giant Naver suffered a net profit setback as increased labor and marketing costs for artificial-intelligence services and other new business initiatives weighed on its bottom line despite solid revenue growth. Strong one-off gains from the disposal of subsidiaries a year earlier also made its profit look weak this year, the company said.
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5 days ago |
tradingview.com | Kwanwoo Jun
Naver's Net Profit Suffers as AI Costs, Base Effect Weigh — Update035420South Korean internet giant Naver suffered a net profit setback as increased labor and marketing costs for artificial-intelligence services and other new business initiatives weighed on its bottom line despite solid revenue growth. Strong one-off gains from the disposal of subsidiaries a year earlier also made its profit look weak this year, the company said.
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5 days ago |
tradingview.com | Kwanwoo Jun
Naver 1Q Net Slumps on Higher Costs035420South Korean internet giant Naver experienced an earnings setback in the first quarter, as increased labor and marketing costs for artificial-intelligence services and other new business initiatives weighed on its bottom line despite solid revenue growth. Strong one-off gains from the disposal of subsidiaries for the same quarter a year earlier also made its profit look weak this year, according to the company.
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1 week ago |
tradingview.com | Kwanwoo Jun
Korean Air Shares Soar, Leading Rally in Local Airline StocksKorean Air Lines shares rose sharply, leading a broad rally in South Korean airline stocks amid hopes that the won's strength could help reduce their cost burden. The won hit a six-month intraday high against the dollar early Wednesday. A stronger won helps ease operating costs for South Korean carriers, which pay for jet-fuel purchases, maintenance fees, aircraft leases and other major business expenses in the U.S. currency.
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Standing pat, it's under increasing pressure to ease policy. https://t.co/XI4WaYdaXv via @WSJ
The sluggish Korean economy is at risk of returning to a low-growth phase again after the global financial crisis a decade ago, KDI said. https://t.co/AOZL2BSY6y