Korea Petro Chemical Ind Co. on Tuesday reported its second-quarter net loss of 1.8 billion won (US$1.3 million), remaining in the red compared with a year ago.

The company said in a regulatory filing that it continued to post an operating loss of 6…

K-pop girl group TWICE has successfully concluded its fifth world tour, drawing a total of 1.5 million fans worldwide over the past year and three months, the group’s agency said Tuesday.

The tour, which kicked off in Seoul in April 2023, spanned ac…

The chief of Qoo10, the Singapore-based parent firm of TMON and WeMakePrice, said Tuesday that he will give up everything he owns to help resolve the liquidity crisis facing the two e-commerce platforms in South Korea.

Qoo10 founder and Chief Execut…

Retail sales in South Korea increased 10.5 percent on-year in the first half of this year, data showed Tuesday, on the back of aggressive discount events launched by online shopping platforms amid growing competition from Chinese players.

The combin…

Seoul shares closed almost 1 percent lower Tuesday as investors became more cautious ahead of the U.S. Federal Reserve’s rate decision and earnings releases from global big techs this week. The local currency lost ground against the U.S. dollar.

The…

The amount of container cargo processed at South Korean seaports increased 6.4 percent in the second quarter, data showed Tuesday, driven by stronger shipments to the United States and China.

The container cargo handled at the country’s ports nation…

South Korea’s industry ministry said Tuesday it has discussed ways to broaden economic exchanges with Saudi Arabia, pledging to work closely toward the prompt implementation of a free trade pact between Seoul and the Gulf Cooperation Council (GCC).

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Hanwha Systems Co. on Tuesday reported its second-quarter net income of 27 billion won (US$19.5 million), down 63.8 percent from a year earlier.

The company said in a regulatory filing that operating profit for the April-June period rose 167 percent…