Korea Investment Holdings Co. on Monday reported its second-quarter net income of 281.1 billion won (US$204.7 million), up 27.8 percent from a year earlier.

Operating profit for the April-June period was 299.5 billion won,

K-pop star G-Dragon will officially launch his JusPeace Foundation on Monday, focusing on supporting artistic talent and combating drug abuse.

The foundation, whose plan for establishment was announced last year by the singer-rapper, is

NCSOFT Corp., a major South Korean game developer, said Monday its operating profit decreased 75 percent from a year earlier on sluggish sales.

Operating profit for the April-June period came to 8.8 billion won

South Korean stocks tumbled more than 5 percent late Monday morning as fears of a U.S. economic slowdown weighed heavily on the local financial market, with a five-minute trade halt issued.

The benchmark Korea

Sales of imported cars rose 4 percent on-year in July thanks to the growing demand for hybrid models, industry data showed Monday.

The number of newly registered imported cars came to 21,977 units in