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Joe Biden · SeoulU.S. President Joe Biden will travel to Syracuse, New York, on Thursday to announce a preliminary agreement with memory chip maker Micron Technology for up to $6.14 billion in subsidies for two chip factories, the White House said.See the Story
Biden to announce preliminary deal with Micron for up to $6.14 bil. in chip grants
100% Left coverage: 1 sources
Seoul · SeoulKB Financial Group's net profit for the first quarter of 2024 decreased 30.5 percent year-on-year, due to voluntary compensation paid to investors who incurred losses from equity-linked securities (ELS) tied to the Hang Seng China Enterprises Index.See the Story
KB's Q1 net profit falls 30% due to HK-tied ELS compensation
100% Left coverage: 1 sources
Seoul · SeoulWoori Financial Group has jumped into the bidding competition to acquire Lotte Insurance, industry sources said Thursday. Woori Financial is the only major domestic financial group that does not have an insurance affiliate, and the group has long outwardly spoken about its intention to strengthen its non-banking business through acquisitions.See the Story
Woori Financial joins bid for Lotte Insurance
100% Left coverage: 1 sources
Seoul · SeoulOver one in three online gambling offenders caught during the recent crackdown were teenagers, the National Police Agency (NPA) said, Thursday, highlighting concerns over a rising number of young people being exposed to illegal gambling sites and becoming addicted.See the Story
Youth cybergambling soars: 1 in 3 offenders are teens
100% Left coverage: 1 sources
Seoul · SeoulNorth Korean hacking groups were found to have infiltrated the internal networks of South Korea’s defense companies and stolen technical data over the past 18 months, police said on Tuesday. The North’s three major hacking groups - Lazarus, Andariel and Kimsuky - combined forces in all-out attacks against the defense firms.See the Story
Defenseless against NK hackers
100% Left coverage: 1 sources
Seoul · SeoulCJ Olive Young is opening its seventh store in the Hongik University area, a popular arts and entertainment district in western Seoul, in a move to raise the company's K-beauty market share in the area popular among foreign tourists and the country's MZ generation, according to the beauty arm of CJ Group, Thursday, a day ahead of the official opening.See the Story
CJ Olive Young to open new K-beauty base in Hongdae
100% Left coverage: 1 sources