Day: August 7, 2024

Coupang shifts to net loss in Q2

Coupang Inc., an online retailer, said Wednesday it swung to a net loss in the second quarter, mainly due to an estimated fine over allegedly using unfair search algorithms.

Coupang posted a net loss of US$105 million in the

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(EDITORIAL from Korea Times on Aug. 7)

South Korea’s stock markets, which had been rattled the previous day by fears of a potential U.S. economic slowdown and geopolitical tensions in the Middle East, rebounded, Tuesday, providing relief to investors and policymakers.

The main KOSPI inde…

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(EDITORIAL from Korea Herald on Aug. 7)

Investors in South Korea seem jittery since the stock markets have been on a dizzying roller-coaster ride in recent sessions, triggered by fears that the U.S. economy has been slowing faster than expected.

The benchmark KOSPI rebounded sharply Tuesd…

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SIBEC 2024 Postponed To Oct 19, 20

KOTA KINABALU, The Sabah International Blue Economy Conference (SIBEC) 2024, scheduled for Sept 2 to 4, has been postponed to Oct 19 to 20.

The Sabah Maju Jaya secretariat issued a statement about the postponement today, adding that Prime

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