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Sunday, December 1, 2024

BUSINESS

Korea struggles to find new workers for growing nuclear reactor industry

Despite having won a recent bid to build at least two nuclear reactors in the Czech Republic, Korea's nuclear energy industry faces a talent...

KAIST-developed groundbreaking carbon capture tech set for commercialization

A group of KAIST researchers have developed a carbon capture device that operates solely on electricity that is set for commercialization soon. The team, led...

‘Nothing is getting done’: Angry mob storms TMON offices over refund policy

Chaos erupted at TMON’s offices in Gangnam District, southern Seoul, on Friday as thousands of enraged customers swarmed the building demanding refunds in the...

How Qoo10’s buying spree led to a seller-payout crisis

Singapore-based marketplace Qoo10 has been on a buying spree since 2022; it recently acquired the California-based e-commerce platform Wish as well as domestic players...

Genesis will sponsor annual art display at New York’s Met under new 5-year partnership

Genesis will sponsor an annual art display at New York's Metropolitan Museum of Art under a new five-year partnership. The Met's Facade Commission, newly named...

Korean Air fleet to soar with $22 billion order for 50 Boeing airplanes

Korean Air is purchasing as many as 50 widebody aircraft from Boeing in a deal possibly worth up to 30 trillion won ($22 billion)...

‘Trump risk’ weighs on South Korea’s car, EV battery markets as U.S. election looms

Korea's automobile and EV battery markets have been pricing in the potential impacts of a Donald Trump win for weeks — a variable that...

Microsoft cloud outage takes down Korean game servers, airline ticketing

A massive global technology outage impacted a number of Korean companies on Friday, including low-cost airlines and gaming servers. The crisis — which has grounded...

Breaking bad news from Customs: No to Joe’s Everything but the Bagel

Korean customs has warned travelers against bringing in seasoning mixes or snacks that contain poppy seeds, vowing to toughen monitoring for three weeks starting from...

Kolmar Korea appoints Yongchul Hur as CEO of North American subsidiaries

Kolmar Korea announced on July 16 that it has appointed Yongchul Hur as CEO of Kolmar Laboratories and Kolmar USA, its North American subsidiaries. Philippe...