Nissan to halt production in Russia
Mar 10, 2022 23:31 pm UTC| Economy Business
Japanese automaker Nissan Motor Co is planning to soon halt production at its plant in Russia because of logistical challenges. Nissan did not provide a specific date. The Nissan plant in St Petersburg produced...
Japan to prevent cryptocurrency use in bypassing sanctions against Russia
Mar 10, 2022 23:27 pm UTC| Digital Currency Investing Law Economy
Japan will prevent cryptocurrency from being used to evade economic sanctions slapped on Russia over its invasion of Ukraine. The country will be moving in lockstep with the US and European countries as they rush to...
S. Korea’s cabinet approves revised enforcement decree on in-app payment law
Mar 10, 2022 23:23 pm UTC| Law Economy Business
South Koreas cabinet approved a revised bill that would ban app store operators from forcing developers to use their in-app payment systems, according to the Korea Communications Commission (KCC). The revision is a...
Galaxy S22 Series owners preparing to sue Samsung for smartphone's alleged performance limits
Mar 10, 2022 23:19 pm UTC| Law Technology Economy
Unit owners of the Galaxy S22 series, are gearing up to sue Samsung for the models built-in game optimizing service, which allegedly limits the phone performance, legal sources said Tuesday. Owners of the Galaxy S22...
S. Korea to enable online submission of litigation documents
Mar 10, 2022 23:14 pm UTC| Law Economy
The Ministry of Justice has issued an advance legislation notice to the revision of the Act on the Use of Electronic Documents in Civil Procedures. Current laws require litigants to personally submit their litigation...
Lotte World Tower retains title as the tallest building in S. Korea
Mar 10, 2022 23:10 pm UTC| Economy Business
The 123-story Lotte World Tower in Seoul with a height of 555 meters maintained its position as South Koreas tallest building since it was completed in 2017, according to 2021 statistics from the Ministry of Land,...
McDonald's bound to lose $50 million per month for leaving Russia
Mar 10, 2022 10:00 am UTC| Business Economy
McDonalds finally closed down its restaurant outlets in Russia this week after being criticized by the public for staying open amid the ongoing war in Ukraine. The company has been operating a total of 850 stores in the...
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