
Hyundai Genesis GV80 SUV picked as one of the US’ safest vehicles despite Tiger Woods' accident
Mar 22, 2021 06:05 am UTC| Business
Hyundais Genesis GV80 SUV has been chosen as one of the safest vehicles in the U.S. This sports utility vehicle model is one of the South Korean automakers luxury brands, and this recently made headlines as well as it was...

Texas Roadhouse CEO, Kent Taylor, took his own life at 65
Mar 22, 2021 05:14 am UTC| Business
Kent Taylor, the founder of Texas Roadhouse, has died, and this was announced by the company and his family. The chief of the American legendary steak restaurant chain was 65. Based on the social media post, Taylor...

S. Korea's Posco targets additional 12 trillion won sales by 2023
Mar 22, 2021 04:44 am UTC| Business
South Koreas Posco Group said it expects to raise its annual sales over 102 trillion won by 2023, 12 trillion won more than that of 2020 while announcing its new midterm plan from 2021 to 2023. The worlds fifth-largest...

S. Korean airport corp. eyes 30% stake 600 billion won Indonesian airport project
Mar 22, 2021 04:42 am UTC| Business
The Incheon International Airport Corp. (IIAC) will invest in a 30 percent stake in a 600 billion-won expansion of Indonesias Hang Nadim Batam airport by 2024, South Koreas main airport operator had formed a consortium...

Australia develops prototype plastic KitKat food wrapper made of recycled material
Mar 20, 2021 00:55 am UTC| Business
Packaging firm Amcor has developed Australias prototype plastic food wrapper aimed at reducing plastic waste in the environment in partnership with several companies. The wrapper is first to be used in Nestles KitKat...

Samyang Foods sets record sales of 648.5 billion won in 2020
Mar 20, 2021 00:39 am UTC| Business
South Koreas Samyang Foods set record sales last year of 648.5 billion won, up by 19.3 percent on-year, and an operating profit of 95.3 billion won, jumping 21.9 percent on-year. Overseas sales increased 35.8 percent...

US appeals WTO report on S. Korea's steel, transformers tariffs
Mar 20, 2021 00:16 am UTC| Business
The US has appealed a World Trade Organizations panel report that it violated rules in imposing high tariffs on South Korean steel and power transformer products. The WTOs Dispute Settlement Body had canceled the...