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SK Hynix, the world’s second-largest memory chipmaker, has partnered with Seoul National University, South Korea’s most prestigious public
South Korea’s SPC Group is experiencing notable growth with its Paris Baguette franchise operations in Canada, accelerating its
A surge in new orders for Very Large Crude Carriers (VLCCs) is underway, driven by rising oil production
Woori Bank’s Indonesian subsidiary, Bank Woori Saudara, has become entangled in a letter of credit (L/C) fraud case,
South Korean bakery chain Paris Baguette is accelerating its expansion in North America by appointing a new Chief Development Officer (CDO). The personnel change is seen as a strategic move to realize the company’s vision of opening 1,000 stores in North America by 2030. On May 28 (local time), Paris Baguette's U.S. subsidiary announced the promotion of Nick Scaccio, former
Photo= Hyundai Motor Company Hyundai Motor Company is accelerating its growth in the German electric vehicle (EV) market. The INSTER has experienced strong demand since its launch, reaching 70% of its annual sales target within just four months. According to Hyundai Motor Germany on May 29, a total of 2,723 INSTER units were sold in Germany between January and April
Photo= Paris Saint-Germain French football powerhouse Paris Saint-Germain (PSG) has officially confirmed its investment in Bitcoin. According to industry sources on the 30th, PSG has decided to include Bitcoin as part of its treasury reserves. The club had already converted a portion of its fiat currency reserves into Bitcoin last year, although the exact amount of its holdings has not
(Photo=Motionelements) For the first time, foreign ownership of homes in South Korea has exceeded 100,000 units, with Chinese nationals owning 56% of them. The Ministry of Land, Infrastructure and Transport released the latest statistics on foreign-held housing and land as of the end of last year on 30th. As of December 2023, foreigners owned 102,160 homes in South Korea, an
(Photo=Bank of Korea (BOK)) The Bank of Korea (BOK) lowered its benchmark interest rate by 25 basis points to 2.5% on May 29, citing weaker-than-expected economic growth and signaling the possibility of further rate cuts in the near term. At a press briefing following the monetary policy decision, BOK Governor Rhee Chang-yong stated, “We see a possibility that the total
