Seoul, April 30 (IANS) Naver, South Korea’s largest online portal operator, said Thursday its first-quarter net profit fell 31.3 per cent from a year earlier, weighed down by foreign exchange losses.Net profit for the three months that ended in March fell to 291 billion won (US$195.9 million) from 423.7 billion won in the same period last year, the company said in a regulatory filing.”The decline was largely attributed to increased translation losses on the company’s dollar-denominated debt when…
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Washington, March 14 (IANS) US President Donald Trump signed an executive order aimed at stopping fraudulent claims that products are “Made in America.”The order directs federal agencies to step up enforcement against sellers and manufacturers that falsely advertise products as American-made.The White House said the measure is designed to protect consumers and businesses that actually manufacture goods in the United States.“Americans have a right to clear, accurate, substantiated, and acce…