
Kakao's market cap up 6.6% to narrow gap with SK hynix
Jun 24, 2021 21:45 pm UTC| Economy Business
Kakao rose 6.6 percent in closing on Wednesday from the previous day, pushing its market capitalization to an all-time high of 75.2 trillion won to narrow the gap with the incumbent No. 2 chipmaker SK hynix. The...

Canadians invest in $3.5 billion worth of real estate in S. Korea in last 5 years
Jun 24, 2021 21:40 pm UTC| Economy Business
Canadian investors transacted $3.5 billion worth of real estate deals in South Korea from 2016 to 2020, excluding deals smaller than $10 million. The figure was 12.4 times more than it was during the period from 2011 to...

S. Korea to invest 220 billion won to develop 6G tech by 2025
Jun 24, 2021 17:14 pm UTC| Economy Technology Business
South Korea will invest 220 billion won to develop and standardize sixth-generation (6G) network technology by 2025 and conduct joint research with the US to strengthen competitiveness in the global race for future...

Shinhan Card's data reveals gamers spend more on phone plans, food deliveries
Jun 24, 2021 15:20 pm UTC| Economy Life Business
Shinhan Card Co.s transaction data for the first quarter revealed that PC or mobile game users paid 20,000 won more to telecom companies than non-PC or mobile gamers and 48 percent more gamers used food delivery than those...

T-Mobile celebrates 5G success with gin, ginger beer
Jun 24, 2021 10:57 am UTC| Economy Business
T-Mobile is offering two branded beverages: the Ultra Capacity 5Gin and the Extended Range 5Ginger Beer to celebrate the largest, fastest, and most reliable 5G network in the US, which now services 300 million people...

Southwest Airlines CEO steps down; Robert Jordan appointed new chief
Jun 24, 2021 10:56 am UTC| Business Economy
Southwest Airlines revealed on Wednesday, June 23, that it has appointed Robert Jordan as its new chief executive officer as Gary Kelly is stepping down from his post. It was said that he will be the new company head...

Subway's lab test did not show tuna fish DNA in its tuna sandwiches: Report
Jun 24, 2021 10:55 am UTC| Business Economy
Subway has been placed in a difficult situation after The New York Times released its lab test report on the sandwich chains Subway tuna product. It was said that the publication initiated the lab test due to the companys...