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Investment funds gain 98 tln won in H1

The value of investment funds in South Korea rose sharply in the first six months of the year, data showed Wednesday.

The net asset value of investment funds here came to 1,069.5 trillion won (US$771.8 billion) as of end-June, up 98.1 trillion won f…

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Delivery app Baemin to raise commission fee for restaurants

Delivery app Baedal Minjok, or Baemin, said Wednesday it will raise its commission fee for restaurants that have registered for Baemin delivery services to 9.8 percent of food prices from next month.

Baemin has received 6.8 percent commissions from …

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(EDITORIAL from Korea JoongAng Daily on July 10)

A strike hit Samsung Electronics for the first time since its foundation in 1969. The National Samsung Electronics Union, the largest labor union in Korea, started a three-day general strike from Monday. The union demands a “rational wage increase” a…