Toyota halts Thai plants due to COVID-19 induced parts supply crunch
Jul 23, 2021 23:56 pm UTC| Economy Business
Toyota Motor Corp suspended operations at all three Thai plants through next Wednesday due to a coronavirus outbreak-triggered shortage of parts. The companys three Thai plants, all located in Bangkok, have a combined...
Wavve to air Olympics to catch up with Netflix in S.Korea
Jul 23, 2021 23:53 pm UTC| Economy Sports
South Korean video streaming service Wavve is eyeing to boost its user base this summer by airing the Tokyo Olympics and catch up to market leader Netflix Inc. The Tokyo Olympics, which officially kick off Friday, may...
Crocs sues Walmart, 19 others for alleged trademark infringment
Jul 23, 2021 23:50 pm UTC| Economy Law
Crocs filed four trademark infringement lawsuits in several US district courts against about 20 companies, including Walmart and Hobby Lobby. In one of the lawsuits filed in Colorado, Crocs alleges that Walmart is...
Volkswagen cuts prices for latest SUVs to become accessible for S. Koreans
Jul 23, 2021 23:45 pm UTC| Economy Business
Volkswagen will lower the prices of its latest SUVs to become the most accessible and affordable premium brand among imported cars for South Korean customers. Volkswagen Koreas Managing Director Stefan Krapp, who dubbed...
POSCO’s Q2 net profit surges 18 times on robust steel demand for cars, ships, construction
Jul 23, 2021 23:43 pm UTC| Economy Business
POSCOs second-quarter net profit soared from 100 billion last year to 1.81 trillion won this year on heavy demand for steel used in cars, ships, and construction amid the global economic recovery from the...
Illegal photo shooting records to serve as ground for taxi driving ban
Jul 23, 2021 23:40 pm UTC| Economy Law
Individuals with a criminal record for taking illegal photos may be banned from working as taxi drivers beginning next year if a bill amending the Passenger Transport Service Act is approved. The new bill, which intends...
Samsung Display to supply Apple with OLED as it ditches LCD technology
Jul 23, 2021 10:04 am UTC| Business Economy
Samsung Display will be benefiting big time as Apple ditches the LCD technology and shifts to organic light-emitting diode (OLED) display panels for its new iPad models. It was reported that the American tech company has...
South Africa’s plan to move away from coal: 8 steps to make it succeed
Germany lowers voting age to 16 for the European elections
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects