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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…

(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…

L&F turns to red in Q2

L and F Co. on Tuesday reported its second-quarter net loss of 74.4 billion won (US$54.1 million), shifting from a profit of 49.4 billion won a year earlier.

The company said in a regulatory filing that it posted an operating loss of 84.2 billion wo…

Amorepacific Q2 net income up 2648.4 pct to 530.6 bln won

Amorepacific Corp. on Tuesday reported its second-quarter net profit of 530.6 billion won (US$385.7 million), up 2648.4 percent from a year earlier.

The company said in a regulatory filing that operating income for the April-June period fell 29.5 pe…