Police sought an arrest warrant for the driver of a car that barreled into pedestrians and killed nine in central Seoul earlier this month, officials said Thursday.

On July 1, the Hyundai Genesis sedan darted in the wrong direction for some 200 meter…

Kakao Corp., the operator of South Korea’s dominant mobile messenger, said Thursday it has decided to form an emergency management system to address the vacancy left by its founder, Kim Beom-su, following his recent arrest.

Under the new system, CEO …

U.S. lawmakers, Korean Americans and others gathered in Washington on Wednesday to honor Korean War veterans and hope for lasting peace on the Korean Peninsula, as they commemorated the signing of the armistice that halted the conflict 71 years ago.

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The financial and antitrust regulators launched joint on-site inspections Thursday into e-commerce platforms TMON and WeMakePrice over their delays in payments to sellers amid liquidity issues, the finance ministry said.

The Fair Trade Commission (FT…

LG Chem Ltd., South Korea’s leading chemical company, said Thursday its second-quarter net profit plunged 91 percent from a year earlier on sharply decreased shareholding gains from battery unit.

Net profit for the three months ended in June plummete…

Woori Financial Group Inc. said Thursday its second-quarter net profit jumped, thanks to a sharp increase in noninterest income.

The financial holding firm’s net profit came to 931.4 billion won (US$672.3 million) in the April-June period, up 49 perc…

POSCO Future M Co. on Thursday reported its second-quarter net loss of 11.2 billion won (US$8.1 million), swinging from a profit of 43.1 billion won a year earlier.

The company said in a regulatory filing that it posted 2.7 billion won in operating p…

Today (%) Previous Session(%) Change (BP)

1-year TB 3.203 3.217 -1.4

2-year TB 3.103 3.118 -1.5

3-year TB 3.024 3.046 -2.2

10-year TB 3.128 3.131 -0.3

2-year MSB 3.076 3.102 -2.6

3-year CB (AA-) 3.484 3.509 -2.5

91-day CD 3.510 3.510 0.0

Sour…