South Korean legislators seek delay of crypto tax imposition

Nov 30, 2021 19:34 pm UTC| Digital Currency Economy Business

South Korean parliament is taking steps to suspend a planned 20 percent tax on annual profits from digital asset investments exceeding 2.5 million won for another year. The government planned to begin taxing on Jan. 1,...

Chicago Bulls icon Scottie Pippen extends foray into beverage biz with bourbon barrel-aged tea

Nov 30, 2021 18:48 pm UTC| Sports Life Economy Business

Iconic former Chicago Bulls basketball player Scottie Pippen extends his foray into the beverages business with a December 5 launch of his limited-release DIGITS Bourbon Barrel Aged Tea in partnership with Smith...

More Japanese workers now feel that drinking with colleagues is unnecessary

Nov 30, 2021 17:52 pm UTC| Life Economy Business

Over 60 percent of Japanese workers surveyed online said they believe drinking with colleagues is unnecessary, as the pandemic reduced reliance on alcohol drinks to deepen relationships. Those who shun meeting up with...

Skyrocketing housing prices force Seoul residents to move to Gyeonggi Province

Nov 30, 2021 15:26 pm UTC| Economy Business Life

More people are leaving Seoul to nearby provinces like Gyeonggi and other greater Seoul regions due to the financial difficulties caused by the pandemic, coupled with skyrocketing housing prices. Last year, 402,000...

Omicron cryptocurrency soars after new COVID-19 variant was similarly named

Nov 30, 2021 10:28 am UTC| Digital Currency Economy Business

News of the new Omicron coronavirus variant caused one cryptocurrency with the same name to soar, rising almost ten-fold from Friday to Monday morning to reach $688. On Thursday, it was worth about $65. It eventually...

Nissan announces $18 billion investment to hasten push for vehicle electrification

Nov 30, 2021 10:08 am UTC| Business Economy

Nissan Motor Co. is investing almost $18 million or 2 trillion over the next five years to hasten its plans for vehicle electrification. The Japanese automaker is moving fast as it wants to catch up with its rivals in the...

South Korea’s Zikooin to build one of the biggest plant-based food plants in Asia

Nov 30, 2021 10:05 am UTC| Business Economy

Zikooin, a South Korean company that owns Unlimeat, a local plant-based beef maker, is building one of the biggest factories for alternative meat in Asia. It was reported that the company revealed its plans last week after...