Search results for Liquid Group
Finance
Coocon Q2 operating profit up 6.3 percent to 4.96 billion won
Coocon posted year-on-year growth in both revenue and operating profit in the second quarter and plans to expand new businesses in the second half. The company reported second-quarter revenue of 17.96 billion won and operating profit of 4.96 billion won. It launched an MCP-based data API and linked global mobile payment services, and completed a stablecoin proof of concept. Coocon also plans to establish a local unit in Singapore this year.
Finance
Cucon links global payments to Toss Place terminals
Cucon will link about 50 global mobile payment services to Toss Place payment terminals, allowing merchants to accept mobile payments from foreign visitors using existing terminals. The company said Seoul-based stores using Toss Place terminals will be able to use services including UnionPay, WeChat Pay and Indonesia’s QRIS. The service connects Cucon’s global payments infrastructure with Seoul Pay and overseas payment firms.
Finance
South Korea stocks swing wildly as network separation rules ease
South Korean stocks remain highly volatile, with circuit breakers and sidecars triggered in turns as the won slides and authorities issue verbal warnings on speculative trading. Investors are watching the U.S. Federal Open Market Committee for signals on the rate path and currency moves. Interest in SpaceX’s listing is strong, though some Korean firms received no allocation. Household loans are rising again, prompting tighter controls, while AI adoption spreads across finance alongside growing security concerns.
