KB News DeskKorea to scrap disputed capital gains tax on financial investments
The government has decided to cancel the proposed capital gains tax on financial investments after years of debates over concerns that the tax could harm the capital market and disadvantage…
Daejeon takes steps to secure foothold in global space market
The Daejeon Metropolitan Government is taking steps to secure a foothold in global markets, marking a move in its strategy to nurture this future-oriented sector. Chang Ho-jong, deputy mayor for…
2NE1 to reunite in concert in October
Legendary K-pop girl group 2NE1 is celebrating its 15th anniversary with a much-anticipated concert in October. 2NE1’s “Welcome Back” concert will take place Oct. 5-6 at the Olympic Hall in…
ASEAN-Korea Centre to hold 3-day tourism workshop in Malaysia
The ASEAN-Korea Centre is set to host a community-based tourism development workshop for three days from Thursday to Saturday in Malaysia, in cooperation with the Southeastern Asian country’s Ministry of…
Signiel Seoul makes Travel + Leisure’s ‘World’s Best 100 Hotels’ listSigniel Seoul makes Travel + Leisure’s ‘World’s Best 100 Hotels’ list
Signiel Seoul, the five-star landmark hotel in Korea’s tallest building, Lotte Tower, was selected as one of the hotels to be included in “World’s Best 100 Hotels” this year by…
High jumper Woo Sang-hyeok, swimmer Kim Seo-yeong named S. Korean flag bearers
FONTAINEBLEAU, France — South Korea announced Sunday high jumper Woo Sang-hyeok and swimmer Kim Seo-yeong will be its flag bearers at the opening ceremony for the Paris Summer Olympics. Lee…
Ship sinks off Taiwan, 9 sailors missing as typhoon heads towards China
Typhoon Gaemi swept towards southern China on Thursday after killing at least two people in Taiwan, with nine sailors missing after their cargo ship sank in stormy weather. The typhoon…
WeMakePrice crisis feared to trigger chain of defaults
A growing number of local commercial lenders are denying accounts receivable loans to small merchants on WeMakePrice and TMON, the two beleaguered e-commerce firms operated by Qoo10 at the center…
Kakao faces gloomy outlook following founder’s arrest
Kakao, Korea’s leading messaging app operator, faces a troubling outlook following a court’s decision to arrest its founder, Kim Beom-su, on allegations of stock price rigging. The escalating prospect of…
Stray Kids collaborates with ‘Deadpool & Wolverine’ actors
K-pop boy band Stray Kids has teamed up with the Marvel Cinematic Universe (MCU) stars Ryan Reynolds and Hugh Jackman for a collaboration for the film “Deadpool & Wolverine.” The…
