
Korea Ginseng Corp. Names An Bin as Its New Chief
Apr 01, 2024 09:50 am UTC| Business
Korea Ginseng Corporation, a leading ginseng manufacturer in South Korea, announced during the recent regular shareholders meeting that it has appointed a new chief executive officer. KGC named An Bin the companys global...

Adidas Unveils New Agravic Trail Running Shoes for Speed Enthusiasts
Apr 01, 2024 09:25 am UTC| Business Sports
Adidas introduced the Agravic Speed Ultra and Agravic Speed trail running shoes, designed to elevate speed and performance for trail runners. Following the success of athletes testing the prototype last summer, adidas...

Hollys Enters Japanese Market to Open First Overseas Store in Osaka
Apr 01, 2024 09:21 am UTC| Business
Hollys, a leading coffee chain in South Korea, said on Monday, April 1, that it will open its first store in Japan. The company is an affiliate of the KG Group, and it will bring the Holly brand to the Japanese market as...

Coupang Surpasses E-Mart to Claim Top Retail Brand Spot in South Korea
Apr 01, 2024 09:15 am UTC| Business
In a significant shift in South Koreas retail landscape, Coupang has emerged as the leading retail brand, outpacing the long-standing E-Mart. According to BrandStocks latest quarterly evaluation, Coupang secured a brand...

Mitsubishi Generator Commences Operations
Apr 01, 2024 08:12 am UTC| Business
Mitsubishi Electric Corporation and Mitsubishi Heavy Industries, Ltd. jointly announced today the successful integration of their power-generator systems businesses under Mitsubishi Generator Co., Ltd. The newly formed...

SAIC Motor Reportedly Cutting Jobs at EV Unit, General Motors, Volkswagen Joint Ventures
Apr 01, 2024 08:10 am UTC| Business Technology
SAIC Motor Corp. Ltd. reportedly plans to lay off workers at its electric vehicle unit and joint ventures with General Motors and Volkswagen. If the plan is finalized, thousands of people will lose their jobs. According...

Polestar 4 EVs Recalled Over Faulty Brake System
Apr 01, 2024 07:59 am UTC| Business Technology
Polestar Automotive, owned by Volvo Cars, issued a recall on 1,867 units of its electric cars in China. The countrys State Administration for Market Regulation (SAMR) announced the recall affecting the Polestar 4 EV...