Kia issues warning, recalls 72,000 Sportage SUVs in the US
Oct 31, 2022 07:08 am UTC| Business Economy
Kia Motors issued a new recall notice and this time, it is for the owners of its Sportage sport utility vehicle model. The South Korean automobile manufacturer is calling back about 72,000 units of the said SUV model due...
Starbucks Korea terminates CEO due to a string of lapses
Oct 31, 2022 04:48 am UTC| Business Economy
Starbucks Korea announced it has hired Shinsegae ICs chief, Song Jun Hyun, to be its new chief executive officer. He will be immediately replacing the outgoing CEO Song Ho Seop who will be leaving amid criticisms over his...
KakaoTalk gaining back users after losing them due to widespread system crash
Oct 31, 2022 04:47 am UTC| Business Economy
KakaoTalk is said to be gaining back the users it lost because of the system crash that happened more than a week ago. The blackout created many issues as well as controversies because the mishap uncovered the fact that...
Oct 31, 2022 03:17 am UTC| Business Economy
Shinhan Securities Co., Ltd. held a ceremony this week to celebrate the opening of its newest overseas office in the United States. The company inaugurated its office in Silicon Valley and officially became the very first...
Samsung Electronics heir Lee Jae Yong promoted to chairman post
Oct 31, 2022 03:17 am UTC| Business Economy
Samsung Electronics has finally appointed Lee Jae Yong as its new chairman after serving as its de facto leader since his father, Lee Kun Hee, died in 2020. He will now formally succeed his father and lead the company...
Lamborghini, Rolex sell out in Dubai despite soaring cost of living, inflation
Oct 31, 2022 00:03 am UTC| Life Economy Business
Lamborghini supercars and luxury Rolex watches have sold out across Dubai amid increasing cost of living and surging inflation. The wealthy are treating constant efforts to battle inflation as an opportunity for...
Soaring consumer prices in S. Korea impact street snacks
Oct 30, 2022 23:30 pm UTC| Life Economy Business
The prices of popular street snacks in South Korea are rising, largely due to the rising price of flour, red beans, cooking oil, and other ingredients. The price of liquefied petroleum gas used has increased from 725...
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