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Friday, July 3, 2020
Sisters compete for group stewardship In June 1998, Daesang Group heiress Lim Se-ryung married Samsung Group heir-apparent Lee Jae-yong, the only son of Samsung Chairman Lee Kun-hee. In other words, she tied the knot with the young businessman who would lead...
NongHyup Bank, also known as NH Bank, is trying to deal with anti-money laundering (AML) issues, which left its New York branch facing an $11 million fine in 2017. NH Bank chief Lee Dae-hoon made the point during a recent...
Youngest BTS member wears attire for Buddhist monk It seems that everything BTS member Jungkook does or touches turns to gold. And this time around, it is about Korea’s traditional dress called hanbok. On July 4, BTS left Korea to Japan...
Brisk sales of semiconductors in 2018 helped Samsung Electronics pile up its cash reserves amounting to almost $100 billion. According to local media on Feb. 18, the company’s cash reserves stood at 104.2 trillion won as of the end of...
Japanese apparel maker shuts down shops in downtown Seoul Uniqlo is closing down stores in Seoul, which leads to speculation that the Japanese clothing retailer reduces its operation in Korea amid Korean consumers’ boycott of made-in-Japan products. Uniqlo recently said that...
Korea's top companies use K-pop stars as brand ambassadors Seeking to boost their global businesses, Korea’s top two companies adopt a marketing strategy of taking advantage of K-pop groups as their brand ambassadors. Korean firms have long depended on K-pop celebrities...
Singaporean socialite wins headlines A week ago, few Koreans knew about Kim Lim. Now, almost everyone here appears to know her, the daughter of Singaporean billionaire Peter Lim who owns La Liga football club Valencia CF. Two things contributed to the...
Anti-Japanese sentiment sweeps Korea On July 4, Japan announced strict restrictions on exports of key high-tech materials, which Korean electronics firms use to make semiconductors and smartphones. On the day, K-pop superstar BTS left Korea for a concert tour in Japan....
The Beatles Story invites BTS to Liverpool An increasing number of observers compare K-pop megastar BTS, which debuted in 2013, to The Beatles, an English rock band formed in Liverpool in 1960 and changed pop culture. BTS is on a record-breaking...
A global consortium headed by a Korean investment bank was selected as the preferred bidder for ownership of the Tour Majunga, the fourth-tallest building in France, after offering around $1 billion. Mirae Asset Daewoo leads the consortium, which includes Amundi...

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