July 26, 2024

(EDITORIAL from Korea Times on July 26)

President Yoon Suk Yeol held a dinner meeting with members of the ruling People Power Party (PPP) on Wednesday, including the newly elected chief, Han Dong-hoon, and other party leaders. The Yoon gathering was hosted with the intention of promoting r…

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KG Mobility Q2 net income up 81.5 pct to 32.6 bln won

KG Mobility Corp. on Friday reported its second-quarter net income of 32.6 billion won (US$23.6 million), up 81.5 percent from a year earlier.

The company said in a regulatory filing that it posted 10.6 billion won in operating profit for the quarte…

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(EDITORIAL from Korea Herald on July 26)

Kakao Corp., South Korea’s biggest messenger operator, is confronting a major crisis after founder Kim Beom-su’s arrest Tuesday for alleged stock price manipulation related to last year’s takeover of K-pop powerhouse SM Entertainment.

The incident o…

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