Aug 07, 2021 01:30 am UTC| Economy Investing
Internet-only bank Kakao Bank Corp. capped its stock market debut at 69,800 won to emerge as South Koreas most valuable financial firm with a market capitalization of 33.2 trillion won. After opening at 53,700 won,...
Hana Bank to lure younger customers with metaverse platforms
Aug 06, 2021 23:42 pm UTC| Economy Technology
South Koreas Hana Bank launched a special task force to better understand the minds of its millennial and Gen Z customers in attracting them to the virtual metaverse. The task force will review building online and...
S. Korea to stock more critical metals for EV batteries, renewable energy projects
Aug 06, 2021 23:41 pm UTC| Economy
South Korea will stockpile more rare metals, such as nickel and cobalt, from a 57-day supply to cover 100 days for key industries such as electric vehicle batteries and renewable energy. Included in the countrys plans...
Kumho Petrochemical to produce eco-friendly rubber compound out of rice bran
Aug 06, 2021 23:40 pm UTC| Science Economy
Kumho Petrochemical Co. will produce an eco-friendly synthetic rubber compound made of rice bran-based bio-silica. Silica improves fuel efficiency, braking power, and wear resistance of synthetic rubber for...
S. Korea's carbon reduction planners criticized for 'poor skills'
Aug 06, 2021 23:40 pm UTC| Nature Economy
Environmental groups criticized the Presidential Committee on Carbon Neutrality for its poor skills in coming up with carbon neutrality plans that still emit greenhouse gas. Only one of the three options unveiled by the...
Bitcoin fork loses 5% of value after suffering '51% Attack'
Aug 06, 2021 23:36 pm UTC| Digital Currency Economy
Bitcoin SV lost 5 percent of its price after a massive 51% Attack that may have been an attempt to destroy the cryptocurrency. Such attacks are executed by miners that secure cryptocurrency blockchains to overwhelm the...
Dollar General recalls China-made chairs for amputation and laceration risks
Aug 06, 2021 10:19 am UTC| Business Economy
Dollar General is pulling out its sling lounge chairs and issued a recall announcement after reports of accidental amputations and lacerations were submitted to the U.S. Consumer Product Safety Commission (CPSC). The...
South Africa’s plan to move away from coal: 8 steps to make it succeed
Germany lowers voting age to 16 for the European elections
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects