The troubled e-commerce platforms TMON and WeMakePrice have liquidity issues involving over 1 trillion won (US$722.02 million) and there was suspected illegality regarding their payment delay incident, the financial

Australian Foreign Minister Penny Wong on Tuesday condemned North Korea’s military pact with Russia as being “destabilizing and risky for the world.”

She made the remarks while speaking to

Flooding in the eastern region, heavy rain throughout the week in many areas, while the Prime Minister called an urgent meeting to discuss flood management on August 5.

The

Union Korea Pharm Co. on Tuesday announced that it will sell stock to raise 6.9 billion won(US$5 million). The proceeds from the stock sale will be used mainly to

Hanwha Aerospace Co. on Tuesday reported its second-quarter net profit of 159.9 billion won (US$115.5 million), down 46.6 percent from a year earlier.

The company said in a regulatory

Prachin Buri, Floodwaters from Khao Yai overflowed into two villages in Nadi District, Prachin Buri Province, causing several resorts to be submerged and cut off from the outside world.

The Cabinet on Tuesday passed a presidential decree to establish a new military command in charge of strategic operations to enhance deterrence against growing North Korean military threats, the

South Korea’s agricultural ministry said Tuesday dairy farmers and businesses have reached an agreement to freeze the price of raw milk to alleviate the public burden amid ongoing inflation.

President Yoon Suk Yeol called Tuesday for dealing with the liquidity crisis at e-commerce platforms TMON and WeMakePrice “thoroughly according to the law,” his office said.

Yoon gave the