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Bank of Korea Cuts Interest Rate Amidst Growing Economic Concerns
Seoul, South Korea – The Bank of Korea (BOK) has decided to cut its benchmark interest rate by 25 basis points to 3.0% from ...
ONLINE TEAM 2024.11.29

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Lotte Group Announces Major Leadership Reshuffle, Promotes Third-Generation Heir
Seoul, South Korea – Lotte Group has announced a significant leadership overhaul, marking one of the largest-scale executive ...
Desk 2024.11.29

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Korean Consumer Agency Warns of Explosion Risk in Children's Bubble Bath
Seoul, South Korea – A recent study by the Korea Consumer Agency has revealed that nearly all children's bubble bath product ...
Hwang Sujin Reporter 2024.11.29

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Lotte Group Unveils Self-Help Measures to Address Liquidity Concerns
Seoul, South Korea – Lotte Group has announced a series of self-help measures aimed at addressing liquidity concerns and bol ...
Desk 2024.11.29

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Former Namyang Dairy Chairman Arrested on Embezzlement Charges
Seoul, South Korea – Hong Won-sik, the former chairman of Namyang Dairy, has been arrested on charges of embezzlement, bribe ...
Desk 2024.11.29

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Dr. Doom Warns Against Bitcoin Investment, Predicts Economic Turmoil
New York, NY – Renowned economist Nouriel Roubini, often dubbed "Dr. Doom" for his accurate prediction of the 2008 financial ...
ONLINE TEAM 2024.11.29

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Foreigners Own Nearly 5% of South Korea's Housing: Most Held by Chinese
Seoul, South Korea – A recent report by the Ministry of Land, Infrastructure, and Transport has revealed that foreign nation ...
Desk 2024.11.29

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Korean Air and Asiana Airlines Merger Nears Completion
Seoul, South Korea – Korean Air announced on Monday that the European Commission (EC) has conditionally approved the merger ...
Desk 2024.11.29

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EDB Advances Key Projects in Central Asia: Investments, Water Management, and Energy Transition
Nikolai Podguzov, Chairman of the Management Board of the Eurasian Development Bank (EDB) and a member of Kazakhstan's Foreign Inv ...
Ana Fernanda Reporter 2024.11.29

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Pyeongchang Offers Discounted Trout Dishes to Boost Local Economy
Pyeongchang, South Korea – Pyeongchang County is offering a special discount on trout dishes from November 30th to December ...
Hwang Sujin Reporter 2024.11.28

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South Chungcheong Province Moves Forward with Anmyeon Island Resort Development
Taean, South Korea – After more than 30 years of delays, the development of a major resort complex on Anmyeon Island in Sout ...
KO YONG-CHUL Reporter 2024.11.28

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Coupang Fined 15.9 Billion Won for Multiple Data Breaches
Seoul, South Korea – E-commerce giant Coupang has been fined 15.8865 billion won by the Personal Information Protection Comm ...
Hwang Sujin Reporter 2024.11.28

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Shinsegae Gangnam Department Store Breaks Record Again, Surpasses 3 Trillion Won in Annual Sales
Seoul, South Korea – Shinsegae Department Store’s Gangnam branch has once again set a new record, surpassing 3 trillio ...
KO YONG-CHUL Reporter 2024.11.28

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Harmful Substances Found in Most Tattoo Inks
Seoul, South Korea – A recent study by the Korea Consumer Agency has revealed that a significant number of tattoo inks sold ...
Desk 2024.11.28

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S-Oil Honors Eight Firefighters as Heroes
Seoul, South Korea – S-Oil, a major South Korean refiner, has honored eight firefighters for their exceptional service and b ...
Hwang Sujin Reporter 2024.11.28

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DeepL Launches Real-Time Voice Translation Solution, Challenging the AI Translation Market
Seoul, South Korea – DeepL, a German language AI company renowned for its high-quality text translations, has unveiled its f ...
Hwang Sujin Reporter 2024.11.28

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Hyundai and Kia Launch Wearable Robot to Boost Worker Safety
Seoul, South Korea – Hyundai Motor Company and Kia Corporation have unveiled a new wearable robot, the X-ble Shoulder, desig ...
Desk 2024.11.28

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Incheon to Get Its Own High Court in 2028
Seoul, South Korea – Incheon residents can expect quicker access to justice as the city is set to get its own high court by ...
KO YONG-CHUL Reporter 2024.11.28

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South Korean Court Orders Nexon to Refund Players Over Altered Game Item Drop Rates
Seoul, South Korea – In a landmark ruling, the South Korean Supreme Court has ordered Nexon, a major South Korean game devel ...
Hwang Sujin Reporter 2024.11.28

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Meta Fined for Failing to Report Instagram Outage
Seoul, South Korea – Meta Platforms, the parent company of Instagram, has been fined 5 million won by the Ministry of Scienc ...
Eugenio Rodolfo Sanabria Reporter 2024.11.28
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