
S. Korea's mobile carriers expanding beyond telecom business
Aug 19, 2021 23:22 pm UTC| Economy Business
South Koreas mobile carriers SK Telecom, KT, and LG U+ are expanding their non-telecom businesses to receive a greater share in the field of digital content delivered via both mobile and fixed-line networks. The mobile...

S. Korea's auto exports down 2.9% amid automotive chips shortage
Aug 19, 2021 23:18 pm UTC| Economy Business
South Koreas automobiles exports dropped 2.9 percent on-year to 181,046 units in July as the global automotive chips supply shortage hindered production, according to the Ministry of Trade, Industry, and Energy. In...

Naver Webtoon collaborating with BTS' HYBE agency and DC Comics
Aug 19, 2021 10:03 am UTC| Business Economy
Naver Webtoon is reportedly collaborating with some of the famous names in the global entertainment scene today. Based on the reports, the South Korean webtoon publisher is teaming up with HYBE, the home of BTS boy band,...

PayPal to stop charging late fees for buy now, pay later purchase scheme
Aug 19, 2021 10:01 am UTC| Business Economy
PayPal Holdings Inc. announced this week that it will get rid of the late charge fees on the purchases under the buy now, pay later scheme. This means that the online payment system company will not charge its customers...

Southwest Airlines offering referral bonuses to employees to get more job applicants
Aug 19, 2021 09:21 am UTC| Business Economy
Southwest Airlines announced that it would be giving away referral bonuses to its employees who will refer applicants for the companys job offers. The air carrier is implementing this bonus scheme to bolster its workforce...

Mastercard to discontinue the use of magnetic stripes in its credit cards
Aug 19, 2021 09:16 am UTC| Business Economy
Mastercard revealed that it will be scrapping the magnetic stripes on its credit and debit in the next 10 years. It was said that the move is part of the companys push to make use of more secure and capable options to...

TSMC outstrip China’s Tencent to become most valuable company in Asia
Aug 19, 2021 09:08 am UTC| Business Economy
TSMC, or the Taiwan Semiconductor Manufacturing Company, is the largest semiconductor maker in the world, and it was reported that it has recently outdone Chinas Tencent Holdings Ltd. to become the most valuable company in...