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ABCDEFG SEOUL, April 11 (Yonhap) South Korean Prime Minister Chung Sye-kyun departed for Iran on Sunday for bilateral talks amid lingering tension over Tehran s call to unlock its funds frozen here under U.S. sanctions. During his three-day visit that ends Tuesday, Chung is expected to discuss ways to enhance the Seoul-Tehran relations and other matters. The visit marks the first such trip by a South Korean premier in 44 years. The visit came two days after the Iranian government released a Korean oil tanker and its captain who were detained over alleged oil pollution. The detainment was widely seen as Teheran s retaliation against South Korea s seizure of some US$7 billion Iranian funds in early January, related to the U.S. nuclear sanctions on Iran. ....
South Korea s Kurly Inc., better known by its brand name Market Kurly, has recently terminated its contract with IPO manager Samsung Securities Co., according to investment banking sources on Mar. 15 – just after its founder and Chief Executive Sophie Kim revealed plans to go public within the year. In 2018 the online grocery food delivery startup picked Samsung Securities to prepare a domestic stock market listing. But its initial public offering was delayed as the startup failed to meet IPO requirements. The contract cancellation with the Korean brokerage firm might have brought Market Kurly s nearly three-year efforts to go public to naught. But it adds to market speculation that the premium food and gourmet food delivery company may begin the process for a US listing, following in the footsteps of bigger hometown rival Coupang Corp., which listed on the New York Stock Exchange last week. ....