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Saturday, July 27, 2024

BUSINESS

Hyundai Motor Group CCO named Disruptor Designer of the Year

Hyundai Motor Group Chief Creative Officer (CCO) Luc Donckerwolke was awarded the Disruptor Designer of the Year at the inaugural World’s Greatest Auto Disruptors...

[EXCLUSIVE] Samsung Display to supply OLEDs for Apple tablets and laptops

Samsung Display is investing billions of dollars to supply organic light-emitting diode (OLED) displays to Apple for tablets and laptops, in a pioneering move...

Korean battery makers to soon be eligible for U.S. tax credits

Korea’s battery makers will soon be eligible for U.S. tax credits under the newly-announced battery sourcing rules. The U.S. Treasury Department on Friday announced the...

[INTERVIEW] U.S. Grains Council urges Korea to accelerate use of bioethanol

Electric vehicles are good for reducing carbon footprint. But to power such vehicles, carbon dioxide is inevitable. Josh Miller, chairman of the U.S. Grains Council...

SM Entertainment declares a new era and a huge dividend

 The beginning of a new era of SM Entertainment and Kakao is here, the company's board and founder Lee Soo-man suggested on Friday.SM Entertainment's...

Girl group NewJeans to promote zero-sugar Coca-Cola

NewJeans will promote Coca-Cola Korea’s zero-sugar Coca-Cola. The girl group will release a campaign song through a collaboration with Coca-Cola’s music platform Coke Studio. The song...

Boeing discusses development of plane with Korean government

A Boeing executive discussed possible joint aircraft development with the Korean government in Seoul, Thursday. Mike Sinnett, vice president and general manager of product development...

KGC’s red ginseng oil may support prostate health

A joint research team for natural product efficacy by the Korea Ginseng Corporation (KGC) research institute and Prof. Lee Yoo-hyun from the University of...

Revised tax laws sparks return of money earned overseas

Companies are bringing money earned overseas back into Korea, supported by the revised corporate law that eased double taxation. According to the Finance Ministry and...

Terraform Labs co-founder Do Kwon charged with fraud by U.S. prosecutors

Do Kwon, the Terraform Labs co-founder behind a $40 billion implosion, was charged with fraud by U.S. prosecutors in New York. In the Thursday indictment,...