KB News Desk
Racism and Misogyny: The Troubling Workplace Culture at Shangri-La Hotels
Allegations of racism, harassment, and cultural insensitivity have surfaced at Shangri-La, as an eight-year employee resigns in protest, revealing a toxic environment allegedly spearheaded by General Manager Andreas Streiber and…
Instagram, under pressure, tightens protection for teens
Meta on Tuesday announced the creation of “Teen Accounts,” designed to better protect underage users from the dangers associated with Instagram. Many experts and authorities accuse the hugely popular photo-sharing…
Samsung SDI showcases next-generation batteries at IAA Transportation 2024
CEO vows to continue supplying top-quality, safety-ensured batteries through close collaboration with customers By Kang Seung-woo Samsung SDI is showcasing its lineup of next-generation batteries optimized for electric commercial vehicles…
Korea market watchdog highlights pension fund’s role in market reforms
The head of Korea’s market watchdog stressed on Thursday the importance of the public pension fund’s role in the success of ongoing capital market reforms, nudging the fund to invest…
Central Europe flooding leaves 16 dead in Romania, Poland, Czech Republic and Austria
Exceptionally heavy rainfall pounding Central Europe has prompted deadly flooding in the region, with four new deaths reported Monday in Poland, three in the Czech Republic and one in Romania.…
Samsung in urgent need of boosting foundry yield for AI processors
Nvidia CEO hints at switching suppliers from TSMC By Nam Hyun-woo Samsung Electronics faces an urgent need to enhance its foundry manufacturing yield for artificial intelligence (AI) processors as Nvidia…
Money supply continues to rise in July amid restrictive policy: BOK
Korea’s money supply continued to increase in July from a month earlier amid an extended tightening policy mode, central bank data showed Friday. The country’s M2, a key gauge of…
Death toll rises as torrential rain and flooding force mass evacuations across Central Europe
The death toll was rising in Central European countries Sunday after days of heavy rains caused widespread flooding and forced mass evacuations. Several Central European nations have already been hit…
Ex-Samsung chief strategy officer joins Arm board
By Nam Hyun-woo Sohn Young-kwon, former president and chief strategy officer (CSO) of Samsung Electronics, will join the board of Arm, the U.K.-based processor intellectual property (IP) company said Thursday…
BOK likely to cut key rate in November: analysts
Korea’s central bank is likely to cut its policy rate in November, rather than in October, as it wants to be confident of a slowdown in household debt increase amid…
Nat’l football coach shoots down criticism of overreliance on stars
With South Korea having notched their first win in the ongoing Asian World Cup qualification round, head coach Hong Myung-bo on Thursday pushed back against the notion that he is…
![[Today’s K-pop] Seventeen’s Jeonghan to enlist late this month](https://korbiznews.com/wp-content/uploads/2024/09/restmb_idxmake-4-2.jpeg)
[Today’s K-pop] Seventeen’s Jeonghan to enlist late this month
He will be the first member of the 13-piece act to enlist. He will serve as an alternative social agent, as he had ankle surgery about nine months ago. He,…
Pledis Entertainment partners with Jeju Island to produce ‘K-Pop Jeju Content’
Pledis Entertainment and Jeju Special Self-Governing Province on Friday announced a partnership to produce K-pop content featuring the island’s unique features. Pledis, a subsidiary of entertainment giant Hybe, and Jeju…
Naver to develop Arabic-based LLM, expand AI cooperation with Saudi Arabia
Naver Corp., the operator of South Korea’s largest internet platform, has signed an initial agreement with Saudi Arabia’s artificial intelligence (AI) agency to jointly develop an Arabic language-based large language…
Key takeaways from a debate that featured tense clashes and closed with a Taylor Swift endorsement
Donald Trump and Kamala Harris faced each other on the debate stage for the first — and possibly the last — time. The Democratic vice president opened Tuesday night’s faceoff…
NewJeans members call for return of ex-ADOR CEO
NewJeans members on Wednesday demanded Hybe reinstate Min Hee-jin as CEO of the girl group’s management agency ADOR. “What we want is the original ADOR headed by Min Hee-jin, where…
Finance minister calls for vigilance against rising household debt
Finance Minister Choi Sang-mok said Thursday that the government will stay vigilant against surging household debt and double up on effort to manage it in a stable manner. Choi made…
Samsung produces industry’s first 1-terabit QLC 9th-gen V-NAND
Samsung Electronics, the world’s No. 1 memory chipmaker, said Thursday it has begun mass production of its one-terabit quad-level cell ninth-generation vertical NAND, solidifying its leadership in the high-capacity and…
S. Korean midfielder Son Jun-ho banned for life by China over match-fixing charges
South Korean football player Son Jun-ho was hit with a lifetime ban by the Chinese national football body Tuesday over match-fixing charges. According to Chinese media reports, Zhang Xiaopeng, a…
Multiethnic Katseye begins Asia promo tour dreaming of inspiring girls everywhere
Katseye, a multinational and multiethnic K-pop girl group formed by Hybe in collaboration with Geffen Records, kicked off its ambitious Asia promotion to broaden its reach. The six-member group consists…