Shinhan Financial Group Co. on Friday reported its second-quarter net income of 1.45 trillion won (US$1 billion), up 14.4 percent from a year earlier.
The company said in a regulatory filing that it posted 1.85 trillion won in operating profit for t…
Two ecommerce majors affiliated with Singapore-based Qoo10 are shaken by chain withdrawals by service providers and users due to their deferred payments from liquidity-related issues. Travel agents and retailers are pulling out or cancelling their go…
Lee Sang-in, acting chief of South Korea’s state broadcasting regulator, voluntarily stepped down Friday ahead of the National Assembly’s planned vote on his impeachment motion.
The main opposition Democratic Party, which has the majority of seats i…
President Yoon Suk Yeol held a dinner meeting with members of the ruling People Power Party (PPP) on Wednesday, including the newly elected chief, Han Dong-hoon, and other party leaders. The Yoon gathering was hosted with the intention of promoting r…
KG Mobility Corp. on Friday reported its second-quarter net income of 32.6 billion won (US$23.6 million), up 81.5 percent from a year earlier.
The company said in a regulatory filing that it posted 10.6 billion won in operating profit for the quarte…
Kakao Corp., South Korea’s biggest messenger operator, is confronting a major crisis after founder Kim Beom-su’s arrest Tuesday for alleged stock price manipulation related to last year’s takeover of K-pop powerhouse SM Entertainment.
The incident o…
