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Seoul shares open higher on U.S. gains, but jitters linger

Seoul shares opened higher Wednesday, tracking gains on Wall Street, two days after their worst rout over fears of a U.S. recession. However, some analysts said worries about market turmoil linger.

The benchmark Korea Composite Stock Price Index (KO…

Fifty Fifty to return as quintet with Keena, 4 new members

Girl group Fifty Fifty will return as a quintet comprising original member Keena and four new members, the group’s agency announced Wednesday.

The group revealed on its social media accounts that it will release its second EP and hold a promotional …

Hybe Q2 net income down 85.9 pct to 16.5 bln won

Hybe Co. on Wednesday reported its second-quarter net profit of 16.5 billion won (US$12 million), down 85.9 percent from a year earlier.

The company said in a regulatory filing that operating profit for the April-June period fell 37.4 percent on-yea…