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Kakao posts net loss of $1 24 bil in Q4

Kakao, the operator of Korea s dominant mobile messenger app, said Thursday its net loss widened in the fourth quarter from a year earlier due to an increase in non-operating costs.

Korean regulator slaps $73,271 fine on Kakao for unfair biz practice

Korea s antitrust regulator slapped a 98 million-won ($73,271) fine on Kakao on Sunday for failing to notify users of the terms of unsubscribing from its music streaming service.

Seoul Plaza ice skating rink to open Friday

The seasonal iconic ice skating rink at Seoul Plaza is set to open on Friday until Feb. 11 next year. A staple annual program in Seoul, the ice rink has been opened annually since its inaugural operation in 2004, except for the COVID-19 period.

Top court upholds life sentence for woman over drowning husband for insurance money

The Supreme Court on Thursday upheld a life sentence for a woman on charges of murder in the high-profile drowning death of her husband in 2019 for a hefty life insurance payout.

Imports of Japanese seafood dip for 5th month in August

Korean imports of Japanese seafood fell for the fifth consecutive month in August on concerns over Japan s release of treated radioactive water.

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