
Market Kurly renames brand to diversify business
Nov 04, 2022 02:23 am UTC| Business Economy
Market Kurly Inc. has rebranded and announced its new name as part of its business strategy for future expansions and to strengthen its cosmetics sales. The company is seeing its cosmetics line as its new growth driver, so...

Decreasing cardboard production in S. Korea pulls down demand for wastepaper
Nov 03, 2022 23:34 pm UTC| Nature Economy Business
Decreasing South Korean cardboard production due to fewer goods being shipped is pulling down waste paper demand in and out of South Korea. According to the Korea Paper Association, the countrys cardboard production...

Young S. Koreans switching from golf to hiking amid high Inflation
Nov 03, 2022 23:33 pm UTC| Sports Economy Business
South Koreans in their 20s and 30s are ditching golf in favor of hiking amid high inflation, allowing the growth of outdoor gear revenue to outpace that of golf since September. Hyundai Department Stores outdoor gear...

Apple Korea appoints Mark Lee as president and head of sales
Nov 03, 2022 10:01 am UTC| Business Economy
Apple Korea appointed a new executive to help lead the company. It named the former country president of Applied Materials Korea, Mark Lee, as its new president and head of sales. According to Korea Joongang Daily,...

Com2uS buys stake in SM Entertainment worth $47M
Nov 03, 2022 06:55 am UTC| Business Economy
Com2uS Studios acquires a 4.2% stake in SM Entertainment, and this is said to be equivalent to 990,000 shares. The South Korean mobile and online game developer and publisher is reportedly investing a total of $47 million...

Penguin Random House, Simon & Schuster $2B merger blocked by US court
Nov 03, 2022 06:27 am UTC| Business Economy
Penguin Random House and Simon Schusters $2 billion merger deal is officially not happening after the federal judge in the United States did not approve the tie-up of two of the most well-known book publishers in the...