The government will push to shorten the period of payment settlement for e-commerce platforms to their vendors and require that companies separately manage funds needed for payments in an effort to prevent a recurrence

GS Holdings on Wednesday reported its second-quarter net profit of 275.4 billion won (US$199.8 million), up 16.6 percent from a year earlier.

The company said in a regulatory filing that it posted 798.1 billion

The government will push to shorten the period of payment settlement for e-commerce platforms to their vendors and require that companies separately manage funds needed for payments in an effort to prevent a recurrence

The recent electric vehicle fire incidents involving Mercedes-Benz and Kia models could not have come at a worse time for the local automotive industry, which has been eagerly preparing to introduce ambitious new electric

Police referred a man to the prosecution Wednesday on charges of stabbing a street cleaner to death in central Seoul last week.

The man, surnamed Lee, is accused of killing the woman in her