Oil Prices Rise as U.S.-Iran Talks Keep Geopolitical Risks in Focus 
Denmark Central Bank Intervenes to Support Krone Peg Against Euro 
SK Holdings, KKR Launch $1.3B Renewable Energy Venture in South Korea 
Samsung to Invest $90 Billion in South Korea to Expand AI Chip, Display, and Battery Production 
Kawasaki Heavy Shares Slide on Report of ¥200 Billion Capital Raise Plan 
Super Micro Employees Detained in Taiwan AI Server Export Investigation 
Goldman Sachs Says China Competition Weighs More on EU Growth Than Trade Deficit 
Apple Expands iPhone Lineup, Boosts Foldable iPhone Production Plans Through 2027 
Kioxia Bets on AI Memory Boom With Next-Gen NAND Production in Japan 
Moody’s Says Peru’s President-Elect Keiko Fujimori Could Boost Investor Confidence 
Meta Stock Jumps as AI Cloud Expansion Challenges AWS, Microsoft, and Google 
Australia Trade Balance Swings to Surprise Deficit as Imports Outpace Exports in May 
Asian Stocks Mixed as South Korea Slides on Profit-Taking, Japan and China Gain on Strong Factory Data 
South Korean Stocks Tumble as AI Chip Selloff Hits Asian Markets 
Trump Reports $1.4 Billion in Crypto Income as Digital Assets Become Top Wealth Source 
Gold Price Surges Above $4,120 as Weak US Jobs Data Lowers Fed Rate Hike Expectations 
FedEx Express announced that it has appointed a new managing director for its branch in South Korea. The company said Park Won Bin will be taking over the said role from Chae Eun Mi, who has been with FedEx Korea for more than three decades now.
FedEx Express is a subsidiary of the international delivery and transport firm FedEx Corp., which is headquartered in Memphis, Tennessee. Park will replace Chae, who is retiring after 31 years of illustrious service to the company.
As per The Korea Times, Park Won Bin is not a newcomer to the firm as he is a returning employee. He officially rejoined FedEx Express on Oct. 1, and prior to his comeback, he had already spent more than a decade in the company.
Throughout his career with the express delivery firm, he has held many roles that were said to have played big roles in driving the company’s growth. He was also involved in the FedEx Incheon Gateway relocation project.
Moreover, Park was one of the main players in the launch of 777F, which connects the FedEx World Hub in Memphis to Incheon in South Korea. In any case, Park said that he is happy to be back and work with top-notch employees who only strive to give the best services to customers.
"In order to fully utilize the potential of global trade opportunities, Korean companies are focusing on building smarter and more sustainable supply chains and efficient networks to prepare for the future," FedEx Express’ vice president of the north pacific region, Jeremy Goldstrich, said in a press release. "Park's experience will serve as a valuable foundation in this process," he added.
He added, “We are delighted to welcome Wonbin back to FedEx. His experience will be invaluable as we continue to transform our business for what’s next, focusing on building smarter and more sustainable supply chains and an efficient network enabling Korean businesses to harness the full potential of global trade opportunities.”
