
Exports of ramyeon, kimchi up 36% and 37% amid pandemic
Jun 25, 2020 23:54 pm UTC| Business
Exports of ramyeon and kimchi from January to May jumped 36 percent and 37 percent to $249 million and $162 million, on-year, respectively, according to the Korea Agro-Fisheries Food Trade Corporation. Increased online...

Renault Samsung taps KT's infotainment services
Jun 25, 2020 16:00 pm UTC| Business
KT Corp will provide in-car infotainment services for Renault Samsung Motors Corp. vehicles to be released this year. The in-car infotainment service, such as weather reports and music or podcast streaming, will be...

Google agrees to pay for news content
Jun 25, 2020 15:52 pm UTC| Business
Google agreed to pay news publishers directly to license for high-quality content to be posted on Googles News and Discover platforms. It will initially include news publications, such as Australias InQueensland and...

Wirecard files for insolvency after revelations of fraud
Jun 25, 2020 15:45 pm UTC| Business
Wirecard is seeking insolvency proceedings with Munichs district court after revealing that $2.1 billion was missing in its balance sheet. The company described its status as suffering from impending insolvency and...

S. Korean banks closing branches to focus on 'untact' transactions
Jun 24, 2020 23:58 pm UTC| Business
The number of South Koreas commercial bank branches in the first quarter plummeted to 6,658, 85 percent less from the same period last year, and 56 percent less from last quarter due to preference for untact or...

Starbucks to open sign language store in Japan
Jun 24, 2020 23:54 pm UTC| Business
Starbucks Coffee Japan Ltd. will open its first store in the country with sign language ability for deaf customers on Saturday in Kunitachi, western Tokyo. Twenty-five employees would operate the store, 19 of them being...

Hankook Tire says US dumping probe unnecessary
Jun 24, 2020 16:15 pm UTC| Business
South Koreas Hankook Tire Technology has asked the US Commerce Department to abstain from investigating its tire imports on possible dumping charges due to lack of injury to US tire makers. The Commerce Department...