Discount rate will reach up to 50% for three weeks
South Korea’s first-tier discount chain Homeplus announced on July 28 that the outfit had launched an extraordinary summer blowout both online and offline through Aug. 16.
The Seoul-based outfit noted that...
Film-type ginseng products coming to town
Thus far, people typically drank water after eating products of red ginseng extracts, which came in various forms of ordinary pouches, stick pouches, or ampoules.
Things are expected to change as the world’s leading red...
Korean airline company is scheduled to appeal
A Russian arbitration court ordered Korean Air last week to pay $46 million in a fine to the country’s customs authorities, the verdict that the South Korean flag carrier vowed to appeal Tuesday.
Observers...
German automakers more than triple sales in US
Mercedes-Benz and BMW more than tripled their sales of electric vehicles in the U.S. market over the first half of this year, according to the Korea Automobile Manufacturers Association (KAMA) on July...
Two countries agree to further enhance economic and defense ties
South Korea and Australia agreed on July 19 to further enhance economic and defense ties between the two countries to cope with common security and economic challenges in the Indo-Pacific...
Hydrogen organizations of Korea, Poland will cooperate
South Korea’s H2Korea announced on July 17 that it had signed a memorandum of understanding with its Polish counterpart, dubbed H2Pol, late last week in Warsaw.
H2Korea noted that the bilateral agreement had been...
Trailblazer second to none in outbound shipment
General Motors Korea’s sports utility vehicle Trailblazer topped the export list of South Korea in the first half of this year, according to the country’s Ministry of Trade, Industry and Energy on July...
Chinese EV maker does not disclose its nationality
Chinese electric vehicle maker BYD comes under suspicion in South Korea that it is trying to conceal the origin of the company and its products here in promoting its electric trucks.
After launching...
Korean spirit maker asks anti-trust watchdog to probe Carlsberg
South Korea’s whiskey company GoldenBlue said on July 7 that it had lodged a complaint against Carlsberg Group with the Korea Fair Trade Commission (KFTC), the country's anti-trust regulator.
GoldenBlue claims that...
Korean contractor facing hundreds of billions of dollars in new costs
South Korean contractor GS Engineering & Construction (E&C) announced on July 6 that it would rebuild a whole apartment complex from scratch after an accident.
In April, the roof of...
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Upbit successfully detects crypto frauds
Korean outfit comes up with advanced anti-fraud system
South Korea’s leading crypto-exchange Upbit announced on Sept. 26 that the outfit had discovered fraudulent exchanges amounting...
