NCSOFT Corp., a major South Korean game developer, said Wednesday it has established a joint venture with a Vietnamese IT company as part of efforts to break into the Southeast Asian game market.

NCSOFT and Vietnam’s VNG have signed an agreement tha…

Celltrion Inc., a South Korean biopharmaceutical company, said Wednesday its second-quarter net profit plunged 48 percent from a year earlier due to costs following a merger with its sales and marketing affiliate last year.

Its net profit came to 78…

LG Uplus Corp. on Wednesday reported its second-quarter net profit of 164.6 billion won (US$119.6 million), down 22.8 percent from a year earlier.

The company said in a regulatory filing that it posted 254 billion won in operating profit for the qua…

South Korea will loosen requirements of registration for foreign financial institutions and their reporting rules in an effort to improve trading conditions and attract more investors, the finance ministry said Wednesday.

It is part of follow-up ste…

Veterans Minister Kang Jung-ai discussed ways to expand support for Ethiopian veterans of the 1950-53 Korean War with the country’s defense minister, Aisha Mohammed, her office said Wednesday.

During their meeting in Addis Ababa on Tuesday, Kang exp…

The ruling and main opposition parties agreed Wednesday to swiftly deal with bills on livelihood issues that were left aside amid monthslong partisan disputes over other contentious issues.

Kim Sang-hoon, the top policymaker of the ruling People Pow…

A beagle that is trained to detect bedbugs with an accuracy rate of more than 95 percent was commissioned as South Korea’s first bedbug sniffing dog, a pest control company said Wednesday.

Cesco Co. said it held a ceremony to commission the beagle, …