
Kuaishou, TikTok's rival, seeks to raise $6.2 billion in HK listing
Jan 26, 2021 23:33 pm UTC| Business Technology
Beijing-based tech company Kuaishou, which competes with TikTok, is seeking to raise as much as $6.2 billion in a stock market listing in Hong Kong, expected to be the worlds largest initial public offering since the...

Hyundai eyes 4.8 percent market share in US with help of new EVs, SUVs
Jan 26, 2021 23:28 pm UTC| Economy Business
Hyundai Motor Co expects to boost its market share in the US from 4.4 percent last year to 4.8 percent this year with the launch of its new electric cars and sports utility vehicles (SUVs), according to its Senior Vice...

SsangYong Motor slashes employees’ wages by half as sales continue to decline
Jan 26, 2021 07:10 am UTC| Business
SsangYong Motor, a South Korea-based vehicle manufacturer, is going through financial difficulties due to the low transactions. As a result, while sales are not coming in, it still has to shell out money to keep the...

South Korea’s Kakao is launching Kakao Entertainment after merging two of its subsidiaries
Jan 26, 2021 06:47 am UTC| Business
Kakao is mainly known for its instant messaging app Kakaotalk and other technology. Now, it is venturing into another lucrative business, which is the entertainment industry. The company is set to launch its Kakao...

Jan 26, 2021 06:45 am UTC| Business
Google shared that it will be helping with the efforts to speed up the COVID-19 vaccination of the citizens. The companys CEO Sundar Pichai announced they are teaming up with health care provider, One Medical in opening...
5 Retirement Investment Exit Strategies to Maximize Cash Flow
Jan 26, 2021 02:22 am UTC| Business
There are several solid retirement investment exit strategies to maximize your cash flow. As you prepare for retirement, planning the appropriate exit strategies are important to achieve peace of mind, contextualize legacy...

Doosan clinches 780 billion won Saudi desalination plant project
Jan 25, 2021 23:50 pm UTC| Economy Business
Doosan Heavy Industries Construction Co. (DHICC) has clinched a 780 billion-won deal to build the Yanbu-4 seawater desalination plant in Saudi Arabia. The deal was inked by DHICC with a consortium of French energy...