Business

Korean Air ending in-flight services earlier before landing amid concern over safety

Korean Air is ending its in-flight services 40 minutes before landing, in an apparent response to the Ministry of Land, Infrastructure and Transport's vow...

Koreatown retailers offer special discount events in celebration of Independence Day

With Independence Day approaching, Koreatown retailers have launched significant special pricing and discount events. These sales, extending through Labor Day, offer a prime opportunity...

Samsung Biologics bags company record $1.06B deal with U.S. drug maker

Samsung Biologics secured a massive $1.06 billion deal from a U.S. drug maker, the biopharmaceutical contract manufacturer said in a regulatory filing on Tuesday. The...

Consumers are paying almost a double for food delivery due to their dual pricing

With $4.89 for McDonald's french fries and $2.59 for a Coke, plus a $2.99 delivery fee, $3 service charge, $0.71 sales tax, and $2...

Samsung union declares full-scale strike with “No Work, No Pay” principle

Samsung Electronics' largest labor union, the National Samsung Electronics Union (NSEU), will stage a full-scale strike with the stated principle of “No Work, No...

Webtoon Entertainment soars on Nasdaq debut, eyes global franchise success

Webtoon Entertainment's chief envisions that the company could birth the next major global franchise on par with the cultural impact of Harry Potter or...

LG Energy Solution suspends construction of ESS line in Arizona as EV market stalls

LG Energy Solution has halted construction of its battery production line for energy storage systems (ESS) in Arizona seven months after breaking ground in...

Amazon to support K-beauty’s global expansion

Amazon Global Selling Korea said it will deepen its involvement in the K-beauty industry by launching a new initiative aimed at offering a broader...

Cass becomes Olympics’ first Korean beer sponsor with Paris Games

Oriental Brewery's (OB) Cass beer has become the first Korean alcohol brand to partner with the Olympics as a sponsor of the upcoming 2024...

KakaoBank launches no-fee dollar deposit service for global use

KakaoBank has introduced a no-fee dollar deposit and exchange service, named “Dollar Box,” the latest in a series of foreign currency exchange offerings launched...