S. Korean firms investing in US warned to be diplomatically sensitive to China

May 18, 2021 00:02 am UTC| Economy Business

With the US committed to jointly form anti-China supply chains with allies, analysts warn that South Korean firms have to be diplomatically sensitive to prevent China from assuming they are part of the...

Asiana cuts Q1 net losses on robust cargo demand

May 17, 2021 23:58 pm UTC| Economy Business

Asiana Airlines Inc.s net losses narrowed to 230.4 billion won in the first quarter from 549 billion won a year earlier as increased cargo sales helped offset a slump in passenger travel. The operating loss of South...

Nestlé-owned firm unveils plant-based jerky products

May 17, 2021 23:56 pm UTC| Economy Business

Nestlé-owned Sweet Earth Foods has launched a plant-based jerky snack as its first shelf-stable product. The new offering, which contains 13g of plant protein per serving, is said to provide the same meaty taste...

Sony's Reversal of Course Raises Questions About Game Preservation

May 17, 2021 23:48 pm UTC| Business

Sony hit the headlines recently with an announcement that the PSN store for both PlayStation 3 and PS Vita would close its doors forever. The collective gaming community reacted to this news with disappointment,...

The COVID-19 Pandemic Has Reshaped The Art of Selling Artwork

May 17, 2021 23:16 pm UTC| Business

Written by: James Carnell Hell hath no fury greater than the economic destruction that the COVID-19 pandemic has wrought. Surging job losses, skyrocketing bankruptcy cases, and a looming economic recession, the health...

S. Korea's ICT exports soar 32.6% in April

May 17, 2021 11:02 am UTC| Economy Business

South Koreas exports of information and communication technology (ICT) products were estimated at US$17.06 billion in April, rising 32.6 percent from a year earlier. It was the sharpest rise since April 2010 and marked...

Starbucks Korea's success with collectible giveaways prompts others to follow suit

May 17, 2021 10:16 am UTC| Economy Business

The popularity of Starbucks Koreas collectible merchandise giveaways has prompted other local firms to follow suit, including Lotte Confectionery, local coffeehouse chain A Twosome Place, Dunkin, McDonalds Korea, and...