August 6, 2024

(LEAD) Kakao Pay turns to black in Q2

Kakao Pay Corp., the online payment unit of South Korean social media giant Kakao Corp., said Tuesday it swung to a net profit in the second quarter from a net loss a year earlier thanks to higher sales.

Net profit for the three months ending in Jun…

Yoon to grant special pardon ahead of Liberation Day

President Yoon Suk Yeol will grant special pardons to those convicted of livelihood-related crimes and others on the occasion of Liberation Day next week.

Yoon is also expected to exempt administrative penalties levied on small and medium-sized firm…

Kia to launch Mexico-made K4 compact in U.S. later this year

Kia Corp. said Tuesday it will launch the K4 compact cars built at its Mexico plant in the United States later this year.

The K4 will be available in two versions, one with a 2.0-liter gasoline engine and the other with a 1.6-liter gasoline turbocha…