NEWSmediafocus.com SEOUL– Video game developer Krafton Inc. is slated to debut on the country’s stock market this week, marking one of the largest initial public offering (IPO) events this year.The developer behind the global hit “PlayerUnknown’s Battlegrounds” (PUBG) w…
SEOUL– South Korea’s agricultural ministry said Monday it has reached an agreement with Australia to maintain its exports of pears despite the outbreak of fire blight in the country.The country has been shipping pears produced in four designated regio…
SEOUL– Moderna Inc. has notified South Korean health authorities that it will supply less than half of the 8.5 million doses of its COVID-19 vaccine planned for August, Seoul officials said Monday, spawning concerns that the country’s vaccine rollout …
SEOUL– Samsung Group, the country’s largest conglomerate, is likely to ramp up its investment and merger and acquisition (M&A) with the parole of its leader despite controversy over the legitimacy, industry insiders said Monday.The parole board un…
SEOUL– South Korea’s daily new coronavirus cases fell back to below 1,500 on Monday on fewer tests over the weekend as the country has extended its highest virus rules for another two weeks due to the relentless spread of the virus.The country added 1…
SEOUL– CS Wind Corp. on Monday reported its second-quarter net profit of 23.1 billion won (US$20.1 million), up 53.3 percent from a year earlier.The company said in a regulatory filing that operating profit for the April-June period rose 16.7 percent …
SEOUL– South Korean stocks turned to gains late Monday morning as the top financial stock, Kakao Bank, surged more than 20 percent on the second day of its market debut.The benchmark Korea Composite Stock Price Index (KOSPI) advanced 2.58 points, or 0…
SEOUL– South Korea and the United States will conduct a preliminary training this week in the run-up to next week’s main summertime military exercise that North Korea has warned against staging, sources said Monday.The four-day crisis management staff…