Seoul: Global hedge fund Millennium Management LLC has entrusted $250 million to a Seoul-based asset management firm to invest in South Korea-listed companies, industry sources said Wednesday.

According to Yonhap

Seoul: South Korean e-commerce giant Coupang Inc. said it swung to a profit in the second quarter, largely due to a base effect stemming from a one-off expense last year.

Seoul: Hanatour Service Co. on Wednesday reported its second-quarter net profit of 11.1 billion won (US$8 million), reflecting an 11.8 percent decrease from the previous year.

According to Yonhap

Seoul: South Korea has agreed to North Korea’s proposal to engage in a new round of discussions aimed at normalizing operations at the inter-Korean factory park, which has been non-operational

Seoul: A middle school student has been apprehended as a suspect behind an online post that claimed to have installed an explosive at a major department store in Seoul, police

Seoul: A special counsel team has completed its first round of questioning with former first lady Kim Keon Hee regarding her alleged involvement in stock manipulation, election meddling, and other