July 31, 2024

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(EDITORIAL from Korea Times on July 31)

Online commerce woes

Korea’s e-commerce sector requires sound governance, stricter management

After several weeks of crisis caused by delayed payments on Qoo10’s two e-commerce platforms, TMON and WeMakePrice, both the Korean government and the fou…

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Seoul shares spike over 1 pct on tech gains amid rate cut hopes

Seoul shares ended sharply higher Wednesday on tech gains amid expectations that the U.S. Federal Reserve may begin a rate cutting cycle within months. The Korean won rose against the U.S. dollar.

The benchmark Korea Composite Stock Price Index (KOS…