S. Korea's easing of social distancing measures raises hopes for liquor businesses
Oct 20, 2021 23:52 pm UTC| Life Business Economy
South Koreas brewery companies and liquor traders are hoping to rebound in the fourth quarter with the government possibly implementing a strategy that will ease social distancing measures nationwide. The Living with...
Greenflation feared in S. Korea amid carbon-neutral transition
Oct 20, 2021 23:51 pm UTC| Nature Economy
Greenflation or price hikes in renewable technology resources such as metals, minerals, and others is becoming a concern due to surging energy prices and the governments finalized plan to drastically cut greenhouse gas...
Xiaomi reportedly preparing to mass-produce its electric cars in 2024
Oct 20, 2021 07:57 am UTC| Business Economy
Xiaomi Corp. is gearing up to sell its own electric cars, and the company revealed the schedule for mass production was earlier than expected. The Chinese smartphone maker will start the mass production of its EVs in the...
S. Korea’s 'Anti-Google' law reportedly not effective
Oct 20, 2021 06:42 am UTC| Business Economy
South Korea was the first country to pass a law to stop Google and Apple from forcing developers and users of their app stores to use their payment systems. The countrys Anti-Google law was approved, and this gave users...
Samsung SDI, Stellantis sign joint venture deal for electric vehicle battery production
Oct 20, 2021 05:47 am UTC| Business Economy
Samsung SDI Co. Ltd. and Stellantis N.V. have recently signed a deal to build a battery plant and produce batteries for electric vehicles. The facility is set to be built in the United States. The South Korean battery...
S. Korea’s major law firms reluctant in defending FSS against Woori chief
Oct 19, 2021 23:44 pm UTC| Law Economy
Sources say that major law firms have been reluctant to represent Financial Supervisory Service (FSS) against Woori Financial Group Chairman Son Tae-seung for fear of losing clients in the private sector, which pay...
Coinbase inks deal to become exclusive cryptocurrency platform for NBA, WNBA, USA Basketball
Oct 19, 2021 23:43 pm UTC| Digital Currency Sports Economy Business
Nasdaq-listed cryptocurrency exchange Coinbase has inked a multi-year partnership with the National Basketball Association (NBA) to be its exclusive cryptocurrency platform partner. The deal by Coinbase also applies...
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
Biden administration tells employers to stop shackling workers with ‘noncompete agreements’
Labour can afford to be far more ambitious with its economic policies – voters are on board
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects