
S. Korean credit card firms lure young customers with labeled cards such as Starbucks and IKEA
Jul 08, 2021 23:37 pm UTC| Economy Business
Major South Korean credit card companies have been releasing private label credit cards (PLCCs) to lure the MZ generation into becoming loyal customers. Shinhan Card Co. is offering five PLCCs under partnerships with...

Hyundai Motor, Kia vow to procure 100% of energy from renewable sources by 2050
Jul 08, 2021 23:33 pm UTC| Economy Nature Business
South Korean carmakers Hyundai and Kia will transition to using 100 percent renewable energy by 2050, according to the firms parent Hyundai Motor Group. The automakers and three other units under the group, Hyundai...

Starbucks Indonesia unveils plant-based meatball sandwich
Jul 08, 2021 09:52 am UTC| Business Economy
Starbucks Indonesia released its plant-based meatball sandwich this week, and it will be offered in the coffee chains 460 outlets across the country. With the new menu item, the companys unit in Indonesia just expanded its...

Samyang produces the world's first biodegradable corn-based plastic
Jul 08, 2021 09:19 am UTC| Business Economy
Samyang has discovered a way to produce plant-based plastics. It was reported that the South Korean company developed biodegradable plastic that is strong, durable, and environmentally friendly. The plant-based...

Broadcom under investigation in Korea for alleged abuse of power
Jul 08, 2021 09:14 am UTC| Business Economy
Broadcom, an American developer and manufacturer of semiconductor and infrastructure software products is reportedly being investigated by Koreas anti-trust regulator. Based on the report, the Korea Fair Trade Commission...

Google sued by US states over Play Store's exorbitant commissions
Jul 08, 2021 09:02 am UTC| Business Economy
Google is being sued by states in the U.S. as they said it violated the anti-trust law. The lawyers were said to have filed the lawsuit in the District Court of the Northern District of California on Wednesday, July...

Daewoo E&C union to taking legal action against KDB chairman for alleged malpractice
Jul 08, 2021 08:53 am UTC| Business Economy
Daewoo EC labor union is planning to ask the Board of Audit and Inspection to investigate Lee Dong Gull, chairman of Korea Development Bank (KDB), and Lee Dae Hyun, KDBs investment chief executive officer for possible...