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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…

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 …

Texas governor visits Samsung Electronics’ chip facility

Texas Governor Greg Abbott visited Samsung Electronics Co.’s semiconductor facility in South Korea on Tuesday, expressing his appreciation for the company’s investments in the U.S. state.

He toured Samsung’s Pyeongtaek Campus, located approximately …

Top U.S. official for N. Korea policy recently resigned: sources

The top U.S. official for North Korea policy resigned last week, multiple sources said Tuesday.

Jung Pak left the post as the U.S. senior official for North Korea and a process is under way to select her replacement, according to the sources.

She h…