KB News DeskWill Intel’s restructuring affect Samsung’s foundry business?
Speculation intensifies about acquiring Intel’s business By Nam Hyun-woo Intel is expected to announce a restructuring plan that includes sales of its foundry and several other semiconductor businesses as part…
BOK expects inflation to remain stable for time being
The Bank of Korea (BOK) said Tuesday it expects consumer inflation to remain stable for the time being, reinforcing views that the central bank may consider a policy pivot. BOK…
20-somethings spend 70 minutes on OTT platforms per day
By KTimes Media consumption in Korea has shifted from traditional TV broadcasts like terrestrial channels to online video platforms such as YouTube, Netflix, and Tving. Notably, younger generations are increasingly…
LPGA sophomore Ryu Hae-ran ‘so proud of myself’ after earning 2nd title
They say the first time is the hardest, but for Ryu Hae-ran, the second-year LPGA Tour pro from Korea, her second career victory proved to be more difficult than her…
China’s weak factory PMI raises pressure for consumer stimulus
China’s manufacturing activity sank to a six-month low in August as factory gate prices tumbled and owners struggled for orders, an official survey showed on Saturday, pressuring policymakers to press…
Exports rise for 11th straight month in August on strong chip demand
Korea’s exports extended on-year gains to the 11th straight month in August, data showed Sunday, driven by the strong demand for semiconductors. Outbound shipments rose 11.4 percent on-year to $57.9…
INTERVIEW24M touts Impervio as solution to battery fires
US battery tech startup searches for Korean partners By Park Jae-hyuk Senior executives from a battery technology startup in the U.S. state of Massachusetts visited Korea recently to introduce a…
![[Photo News] Lonely hackberry in Changwon](https://korbiznews.com/wp-content/uploads/2024/08/4-8.jpg)
[Photo News] Lonely hackberry in Changwon
The popularity of an East Asian hackberry tree in Changwon, South Gyeongsang Province, that shot to nationwide fame following its appearance in megahit legal drama “Extraordinary Attorney Woo” (2022) seems…
Israel, Hamas set three-day pauses in fighting for Gaza polio vaccinations: WHO
Israel’s military and Palestinian militant group Hamas have agreed to three separate, zoned three-day pauses in fighting in Gaza to allow for the first round of vaccination of 640,000 children…
BOK, Bank Indonesia to launch cross-border payments with local currency next month
The Bank of Korea (BOK) said Friday that it agreed to launch local currency transactions for cross-border payments in late September. Under the agreement, current account transactions between the two…
