Toshiba to lead 10 other Japanese firms in quantum tech R&D

Jun 01, 2021 23:53 pm UTC| Economy Business Technology

Toshiba Corp. will lead 10 other Japanese companies in launching a council this summer that would explore the possibility of industrializing quantum technology. The council will deal with quantum computers, quantum...

S. Korea's exports jump 45.6%, recovers for 7th straight month in May

Jun 01, 2021 23:44 pm UTC| Economy Business

South Koreas exports jumped 45.6 percent on year in May to US$50.7 billion due to strong demand for chips amid the global economic recovery, to extend its gains to a seventh consecutive month. Outbound shipments came to...

CJ ENM aiming to become Asia’s Marvel Studios with $4.5 billion investment

Jun 01, 2021 10:03 am UTC| Business Economy

CJ ENM is one of the major entertainment companies in South Korea. Last week, it was reported that it is aiming to conquer a bigger market share by expanding outside of the country and targeting the world stage. CJ ENMs...

Qantas Airways announces a year of unlimited flights incentive for COVID-19 vaccinated passengers

Jun 01, 2021 09:32 am UTC| Business Economy

Qantas Airways Limited, the flagship carrier of Australia, is helping promote COVID-19 vaccination by announcing unlimited free flights for a year as an incentive for passengers who have been vaccinated already. Major...

Unilever, ENOUGH sign deal for plant-based protein food innovations

Jun 01, 2021 09:31 am UTC| Business Economy

Unilever teams up with ENOUGH, formerly known as 3F BIO, for plant-based protein innovations. The British multinational consumer goods company based in London announced last week that it will collaborate with the said...

Korean Air wins Thailand’s approval for Asiana acquisition

Jun 01, 2021 08:44 am UTC| Business Economy

Korean Air, the biggest airline in South Korea, revealed on Monday, May 31, that it has earned another approval from two more countries over its acquisition of Asiana Airlines, a smaller local carrier. This means that it...

Ford Korea called out for false marketing claim, FTC ordered automaker to correct the information

Jun 01, 2021 08:14 am UTC| Business Economy

Ford Koreas sales and service division was called out by the countrys Fair Trade Commission for stating that one of its vehicle models has a rear braking support system when there is none. The S. Korean trade watchdog said...