KB News DeskRacism 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…