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Friday, July 26, 2024

BUSINESS

Hite Jinro signs sponsorship with New York Red Bulls football team

Hite Jinro signed a sponsorship deal with the New York Red Bulls football team to globally promote its soju brand Jinro. The sponsorship was formed...

U.S. tops Korea’s export market in early April, first time in 20 years

The United States was Korea's largest export partner in early April, the first time in two decades. China fell to second place as its recovery...

Consumers make comparisons between Nissin Foods noodles, Samyang ramen

Consumers are pointing out the similarities between Japanese noodle company Nissin Foods’ latest product and Samyang’s popular Buldak Ramen. Nissin Foods recently released “Korean-style sweet...

CJ Wellcare opens Amazon store, Fat Down among products offered

CJ Wellfare opened an online store to sell products worldwide through Amazon. The company, which focuses on health and wellness business, is introducing K-beauty to...

Nuri set to shoot for the stars again on May 24

The third launch of Korea's domestically-developed Nuri rocket has been scheduled for May 24, the Science Ministry announced Tuesday, following the first in October...

$13.6 million of crypto hacked from Korea’s GDAC exchange

Screen capture of GDAC website About $13.6 million (18 billion won) of cryptocurrency was hacked from the GDAC exchange at about 7 a.m.(KST) Sunday. The...

[INTERVIEW] IRA offers opportunities to Korean businesses: Ossoff

Jon Ossoff, the Democrat senator who represents one of the most popular U.S. states for Korean manufacturers, said that the 70-year-old bilateral alliance cannot...

Samsung, AMD to extend cooperation on graphics processing unit

Samsung Electronics will extend its cooperation with AMD to integrate the U.S. chip designer’s graphics processing unit (GPU) architecture into a broader range of...

140,000 Atlas recalled due to faulty Volkswagen sensor

Volkswagen is recalling 140,000 sport utility vehicles (SUVs) due to a faulty passenger-side sensor that could cause the airbag to deactivate. The National Highway Traffic...

Kia increases 2030 goal for clean-energy car production

Kia aims to increase sales of so-called clean energy cars, including electric vehicles (EVs), hybrid and plug-in hybrid cars (PHEVs,) to 2.38 million, or...