Business

Business

How Qoo10’s buying spree led to a seller-payout crisis

Singapore-based marketplace Qoo10 has been on a buying spree since 2022; it recently acquired the California-based e-commerce platform Wish as well as domestic players...
Business

Genesis will sponsor annual art display at New York’s Met under new 5-year partnership

Genesis will sponsor an annual art display at New York's Metropolitan Museum of Art under a new five-year partnership. The Met's Facade Commission, newly named...
Business

Korean Air fleet to soar with $22 billion order for 50 Boeing airplanes

Korean Air is purchasing as many as 50 widebody aircraft from Boeing in a deal possibly worth up to 30 trillion won ($22 billion)...
Business

Homemade coffee market booms amid soaring coffee prices

Kim is an office worker who drinks two to three cups of coffee every day and recently bought a coffee machine after realizing her...
Business

‘Trump risk’ weighs on South Korea’s car, EV battery markets as U.S. election looms

Korea's automobile and EV battery markets have been pricing in the potential impacts of a Donald Trump win for weeks — a variable that...
Business

JOHAN launches golf line inspired by traditional Korean art

JOHAN, a new golf and lifestyle brand, has unveiled its latest product line. In a recent collaboration with TUKATA, a Korean brand that won the...
Business

Korean construction firm acquires part of iconic ‘2 Times Square’ building in Manhattan

South Korea’s Bando Engineering & Construction (E&C) Co. announced on July 18 that it has purchased a part of a building in the commercial...
Business

Microsoft cloud outage takes down Korean game servers, airline ticketing

A massive global technology outage impacted a number of Korean companies on Friday, including low-cost airlines and gaming servers. The crisis — which has grounded...
Business

‘Ghost jobs’ confuse job seekers as nearly 40% of companies post fake listings

A new problem has emerged in the job market troubling job seekers where companies post jobs even though they have no intention of hiring,...
Business

LA County to offer free legal service to low-income tenants facing eviction

Los Angeles County is offering free legal services to tenants facing eviction. The Los Angeles County Board of Supervisors unanimously approved an ordinance to provide...
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