S. Korean firms investing in US warned to be diplomatically sensitive to China
May 18, 2021 00:02 am UTC| Economy Business
With the US committed to jointly form anti-China supply chains with allies, analysts warn that South Korean firms have to be diplomatically sensitive to prevent China from assuming they are part of the...
Asiana cuts Q1 net losses on robust cargo demand
May 17, 2021 23:58 pm UTC| Economy Business
Asiana Airlines Inc.s net losses narrowed to 230.4 billion won in the first quarter from 549 billion won a year earlier as increased cargo sales helped offset a slump in passenger travel. The operating loss of South...
Nestlé-owned firm unveils plant-based jerky products
May 17, 2021 23:56 pm UTC| Economy Business
Nestlé-owned Sweet Earth Foods has launched a plant-based jerky snack as its first shelf-stable product. The new offering, which contains 13g of plant protein per serving, is said to provide the same meaty taste...
S. Korea's ICT exports soar 32.6% in April
May 17, 2021 11:02 am UTC| Economy Business
South Koreas exports of information and communication technology (ICT) products were estimated at US$17.06 billion in April, rising 32.6 percent from a year earlier. It was the sharpest rise since April 2010 and marked...
Starbucks Korea's success with collectible giveaways prompts others to follow suit
May 17, 2021 10:16 am UTC| Economy Business
The popularity of Starbucks Koreas collectible merchandise giveaways has prompted other local firms to follow suit, including Lotte Confectionery, local coffeehouse chain A Twosome Place, Dunkin, McDonalds Korea, and...
SpaceX facing $20M lawsuit over fatal car accident in Texas
May 17, 2021 09:51 am UTC| Business Economy
SpaceX was reportedly sued by a family in Texas, claiming that the aerospace company founded by Elon Musk has a role in the death of a family member. They have filed for a $20 million suit, the amount which the plaintiffs...
Google facing anti-trust probe in S. Korea over Android Auto
May 17, 2021 08:53 am UTC| Business Economy
Google is said to be facing an investigation by antitrust regulators in South Korea. The probe was sparked by allegations that the American tech company is not allowing some applications obtained from other app stores to...
Germany lowers voting age to 16 for the European elections
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects