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E-commerce Battleground Turns to ‘Easy Returns’

E-commerce Battleground Turns to ‘Easy Returns’

SEOUL, Feb. 18 (Korea Bizwire) — The e-commerce industry, which has long emphasized “fast delivery,” is now expanding its services, with competition now turning to offering “easy returns”. South Korea’s major shopping portal 11st said Monday that it has introduced a service to offset return costs caused by customers exchanging products, in which an insurance [...]

Salmon Return to Korean Shores to Spawn, Year’s First Catch Reported in Daejin Port

Salmon Return to Korean Shores to Spawn, Year’s First Catch Reported in Daejin Port

GOSEONG, Sept. 28 (Korea Bizwire) — The Korea Fisheries Resources Agency announced yesterday that the year’s first capture of salmon returning to spawn took place at Daejin Port, Goseong-gun in Gangwon Province on September 12, a week later than in recent years. The captured salmon measured 69 centimeters in length, and weighed 3.4 kilograms, on [...]

Samsung Group Funds Rate of Return Tops 30 on Solid Earnings: Sources

Samsung Group Funds Rate of Return Tops 30 on Solid Earnings: Sources

SEOUL, Jul. 26 (Korea Bizwire) — The rate of return for equity funds of Samsung Electronics Co. and other Samsung Group-related firms exceeded 30 percent this year amid the bullish market backed by solid corporate earnings and the global economic recovery, industry data showed Wednesday. The benchmark Korea Composite Stock Price Index (KOSPI) rose 20.40 [...]