Kakao Entertainment buys stake in Jay Park’s More Vision entertainment label
Jun 17, 2022 08:52 am UTC| Business Economy
Kakao Entertainment has acquired a 20% stake in idol and rapper turned CEO Jay Parks, More Vision music and dance firm. The former idol has successfully attracted a new equity investment from one of the largest...
Asahi Japanese beer is making a comeback in South Korea
Jun 17, 2022 08:45 am UTC| Business Economy
Asahi Beer, one of the most well-known Japanese beer brands, is set to return to the South Korean market. It was reported that the Japanese brewers comeback in the region is happening after a 3-year hiatus. As per The...
South Korea’s Ceragem hires Elon Musk’s mother to be its global brand ambassador
Jun 17, 2022 08:03 am UTC| Business Economy
Ceragem Co. Ltd. has hired Maye Musk, Teslas founder and CEO, Elon Musks mother, to be its new face or global brand ambassador. The South Korean maker of massage beds and patented technology medical appliances shared this...
Revlon voluntarily files for bankruptcy to continue its reorganization strategic plan
Jun 17, 2022 06:53 am UTC| Business Economy
Revlon Inc. has finally filed for bankruptcy and said this is a voluntary move as it takes steps towards company restructuring. The company will continue to work on its strategic plan to revive the brand. As per...
Bill Gates sees cryptos and NFTs as shams
Jun 17, 2022 00:25 am UTC| Digital Currency Technology Economy Business
Bill Gates claimed that cryptocurrency and NFT trends are 100% based on greater fool theory, referring to the idea that investors can profit from worthless or overvalued assets if enough people are willing to bid them...
US cloud company Snowflake enjoys increasing popularity in S. Korea
Jun 17, 2022 00:21 am UTC| Technology Economy Business
US-based data cloud company Snowflake has been enjoying soaring popularity in South Korea for less than a year since the service started. The popularity was attributed to more South Korean companies increasingly...
Paris Saint-Germain signs multi-year licensing agreement with Topps
Jun 16, 2022 23:47 pm UTC| Sports Economy Business Life
French soccer giant Paris Saint-Germain has agreed on a multi-year exclusive licensing agreement for the production of trading cards and stickers with sports collectibles specialist Topps. The first PSG products are set...
Johannesburg in a time of darkness: Ivan Vladislavić’s new memoir reminds us of the city’s fragility
Economist Chris Richardson on an ‘ugly’ inflation result and the coming budget
Labour can afford to be far more ambitious with its economic policies – voters are on board
Sudan: civil war stretches into a second year with no end in sight