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

GS Engineering and Construction Corp. on Friday reported its second-quarter net income of 36.6 billion won (US$26.4 million), turning from a loss of 280.6 billion won a year earlier.

Samsung Bioepis Co., a biosimilar medicine developer under Samsung Group, has released its biosimilar product for autoimmune disease treatment Stelara in Europe, the company’s marketing partner said Friday.

Pyzchiva,

Prime Minister Han Duck-soo attended the state funeral of Vietnam’s highest-ranking official, Nguyen Phu Trong, in Hanoi on Thursday, his office said.

Han left for Vietnam the previous day to

With South Korean golfer Park In-bee running for election to the International Olympic Committee (IOC)’s Athletes’ Commission, three candidates have dropped out of the race.

The commission’s website listed 29

South Korea made a last-minute switch to its mixed rifle shooting teams on Thursday, two days before their competition in France.

The Korea Shooting Federation (KSF) announced that Park Ha-jun,

South Korea’s economy retreated in the second quarter of the year as weaker domestic demand clouded recovery prospects, despite robust exports, central bank data showed Thursday.

The country’s real gross

LG Energy Solution Ltd. (LGES), South Korea’s leading battery maker, said Thursday it shifted to a net loss in the second quarter due to slowing sales of electric vehicles (EVs).

LG Chem Ltd., South Korea’s leading chemical company, said Thursday its second-quarter net profit plunged 91 percent from a year earlier on sharply decreased shareholding gains from battery unit.

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