
Finance minister lauds controversial tenant protection laws
Jul 22, 2021 23:54 pm UTC| Economy
South Koreas finance minister lauded the success of property laws that took effect in July last year for increasing lease contract renewals and protecting tenants. Finance Minister and Deputy Prime Minister Hong Nam-ki...

Hyundai Mobis develops brainwave analyzer to prevent drowsy driving
Jul 22, 2021 23:53 pm UTC| Science Economy
Hyundai Mobis developed a brainwave detection device dubbed M. Brain to alert motor vehicle operators against drowsy driving or sudden health issues. The M.Brain analyzes brainwaves to determine the drivers health...

Toyota adds makers of tiny cars Daihatsu, Suzuki to technology partnership with Hino, Isuzu
Jul 22, 2021 23:53 pm UTC| Economy Business
Toyota is adding two companies specializing in tiny kei cars, Daihatsu and Suzuki, to a commercial vehicle partnership it set up with Hino and Isuzu in March. The fuel-efficient kei cars, which make up about 40 percent...

Singapore approves SK hynix's acquisition of Intel's NAND biz
Jul 22, 2021 23:51 pm UTC| Economy Business
The Competition and Consumer Commission of Singapore has unconditionally approved SK hynix Inc.s deal to acquire Intel Corp.s NAND business for US$9 billion, including its solid-state drive business and a NAND flash chip...

Toyota's Tokyo sales arm admits falsifying vehicle inspection data
Jul 22, 2021 23:49 pm UTC| Economy Business
Toyota Mobility Tokyo Inc., a sales arm of Toyota Motor Corp., admitted falsifying vehicle inspection results for 565 cars to complete the process within the allotted time. The falsifications occurred at the Lexus...

KT fined 500 million won for slow internet
Jul 22, 2021 23:46 pm UTC| Economy Law
South Koreas telecommunications regulator fined telecom giant KT Corp. 500 million won for making its internet service slower for 24 of its high-speed internet users. The telecom operator also frequently failed to...

China revises family planning law to allow families to produce more children without facing fines
Jul 22, 2021 10:16 am UTC| Business Economy
China is revising its family planning law so that families can produce more children. The decision comes as the birth rate in the country has significantly dropped. The Chinese law previously prohibits families from...