S. Koreans still prefer investing in real estate
Jul 05, 2021 23:52 pm UTC| Economy Business Real Estate
South Koreans appetite for nonfinancial assets such as real estate is still high compared to other major economies, although their stock investments increased during the pandemic. As of 2019, financial assets account...
S. Koreans favored Tesla, Apple, AMC among foreign stocks in H1
Jul 05, 2021 23:46 pm UTC| Economy Business
South Koreans bought mostly Tesla, Apple, and AMC Entertainment among foreign stocks in the first half of the year. Tesla drew $9.6 billion orders from South Korean investors from January to June, topping the list of...
Starbucks Japan to offer 47 Frappuccinos representing each prefecture
Jul 05, 2021 23:31 pm UTC| Economy Business
Starbucks Coffee Japan will offer 47 new Frappuccino drinks for each prefecture, made with local ingredients to celebrate the 25th anniversary of its first foray into Japan. The Seattle-based coffee chain unveiled its...
Hyundai to begin selling Staria minivan in Thailand this week
Jul 05, 2021 23:31 pm UTC| Economy Business
Hyundai Motor Co. will begin selling the Staria minivan in Thailand this week to jumpstart efforts to increase its Southeast Asian presence. The carmaker will later introduce the Staria minivan in Vietnam, Malaysia, and...
Tyson Foods announces recall of its pre-cooked chicken products for possible listeria contamination
Jul 05, 2021 10:21 am UTC| Business Economy
Tyson Foods recalls 8.5 million pounds of its pre-cooked chicken products after one death has been reported. In addition, three people were diagnosed with listeriosis, so the American multinational corporation based in...
UK’s Morrisons accepts US’s Fortress Investment Group’s takeover for $8.7 billion
Jul 05, 2021 10:03 am UTC| Business Economy
Morrisons, the supermarket chain in the United Kingdom, finally agreed to an acquisition offer from the American investment management company Fortress Investment Group. It was said that Britains fourth-largest supermarket...
IBM president Jim Whitehurst leaving after just 14 months in the position
Jul 05, 2021 10:01 am UTC| Business Economy
IBM announced a major shake-up in the companys leadership. Last weekend it was announced that the company president, Jim Whitehurst, will be replaced after just 14 months. Fox Business reported that it was a surprising...
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