
S. Korea's sports industry suffers 44.8 trillion won in damages due to coronavirus
Oct 02, 2021 23:48 pm UTC| Sports Economy
South Koreas sporting business sector suffered a 44.8 trillion-won drop in consumer spending from January 2020-June 2021 due to the COVID-19 pandemic, according to the Ministry of Culture, Sports and Tourism. Overall,...

Artworks used to create VeeFriends NFT collection sells for $1.2 million in Christie’s auction
Oct 02, 2021 23:48 pm UTC| Digital Currency Economy
Christies auctioned five artworks created by entrepreneur Gary Vaynerchuk for his VeeFriends NFT collection for over $1.2 million. The artwork dubbed Empathetic Elephant fetched the highest price at $412,500, with...

Coinbase vows to reimburse 6,000 customers who lost funds to hackers
Oct 02, 2021 23:13 pm UTC| Digital Currency Economy
Coinbase vowed to reimburse at least 6,000 of its users who lost funds due to a hacking campaign to gain unauthorized access to the accounts and a flaw in its SMS account recovery process. The Nasdaq-listed...

Customers urge Starbucks Korea to change special merchandise policy
Oct 01, 2021 23:47 pm UTC| Life Economy
Customers are urging Starbucks Korea to limit purchases to one drink per person during special merchandise giveaways to prevent resellers of their limited-edition goods from keeping others waiting in the line. Starbucks...

Honda aims to develop technology allowing humans to live on Mars
Oct 01, 2021 23:46 pm UTC| Science Life Economy
Honda Motor Co. will branch into the space sector to develop a rocket that can launch a satellite, put avatar robots on the moon, and develop technology to allow humans to live on Mars. The company targets to launch the...

S. Korea's financing institutes downplaying LNG's impact on climate change: SFOC
Oct 01, 2021 23:43 pm UTC| Nature Economy
South Korean public financing institutions have downplayed the impact of liquefied natural gas (LNG) on climate change, according to climate activist group Solutions for Our Climate (SFOC), who claimed otherwise. The...

Royalties for Folgers Coffee's iconic jingle auctioned off for $90,500
Oct 01, 2021 23:37 pm UTC| Economy Business
The future royalties on the now-iconic Real Snowy Morning jingle used in Folgers Coffees TV and radio commercials for over 30 years were auctioned off for $90,500. The auction by Royalty Exchange started with an opening...