
Seoul to allow gyms, indoor golf driving ranges to extend operations until midnight
Jun 11, 2021 06:00 am UTC| Economy Sports Business
Seoul would allow gyms and indoor golf driving ranges in two wards to extend operations by two hours until midnight for one month to help them cope with operational expenses. The trial period will begin Saturday in the...

Auction of 110-year-old champagne estimated to fetch millions
Jun 11, 2021 05:46 am UTC| Business Economy
A bottle of 110-year-old champagne is being auctioned off this week. The rare French sparkling wine will be sold through an auction, and it is predicted to fetch millions of dollars. How old the champagne is As per...

SsangYong Motor to place half of its workers on unpaid leave
Jun 11, 2021 05:14 am UTC| Business Economy
SsangYong Motor is one of the companies that has been badly affected by the COVID-19 pandemic. It was already struggling, and its situation was worsened by the coronavirus. Now the ailing carmaker is trying to get back...

S. Korea to create 500-billion won fund to bolster next-gen car suppliers
Jun 10, 2021 16:02 pm UTC| Economy Technology Business
South Korea plans to create a 500-billion won fund to support around 1,000 auto parts makers evolve into key suppliers of next-generation automobiles by 2030. Finance Minister Hong Nam-ki said the fund would support...

S. Korea to boost software talent pool by 89,000
Jun 10, 2021 14:59 pm UTC| Economy Technology
South Korea will boost the talent pool in the software sector by 89,000 people by 2025 to help smaller firms in hiring software professionals. The number is more than three times higher than the 25,000 professionals...

S. Korea to support private sector developing solid fuel space rockets
Jun 10, 2021 13:49 pm UTC| Economy Technology
South Korea will expand its space program from state-led development of liquid engine rockets to developing solid fuel space rockets spearheaded by the private sector. The Ministry of Science and ICT will support...

Hyundai Motor, Kia surpass Ford for first time in US auto sales
Jun 10, 2021 13:27 pm UTC| Economy
Hyundai Motor Co. and Kia Corp. sold a combined 174,043 cars in the US market in May to surpass Ford Motor Co., which sold 13,523 units, for the first time since they entered the market 35 years ago. The two automaking...