KB News DeskBusiness arrears of self-employed hits all-time high in Q1: report
The amount of overdue business loans taken by self-employed business owners in South Korea surpassed 10 trillion won ($7.2 billion) for the first time ever in the first quarter of…
Demand for cooling devices soars as summer heat arrives early
Samsung, LG, Coway operate plants at full capacity A 40-year-old man surnamed Park recently replaced his decades-old air conditioner with a new model. He opted for the latest energy-efficient model,…
Ronaldo says he is playing his ‘last European Championship’
Cristiano Ronaldo has confirmed this year’s European Championship will be the last of his career. The Portugal superstar, who is 39, is playing at the Euros for a record sixth…
Surge in young female fans drives KBO League toward record-breaking attendances
KBO League is on the verge of surpassing 6 million attendees in the first half of the season for the first time in its history. As of July 2, a…
Samsung Electronics union in South Korea declares strike
A workers’ union at Samsung Electronics in South Korea said on Monday it would launch a general strike until its demands for better pay and time off were met, warning…
LG Innotek gears up to turn vehicle sensor unit into $1.4 bil. business by 2030
LG Innotek is looking to grow its automotive sensor business to have a 2 trillion won ($1.4 billion) annual revenue by 2030, the company said Monday. “Based on the success…
Andy Murray’s Wimbledon farewell tour begins with loss in doubles with his brother
There were tears from Andy Murray . Standing ovations from the Centre Court crowd. A video tribute replete with messages from Roger Federer, Rafael Nadal, Novak Djokovic and Venus Williams.…
All-solid-state battery touted as solution to repeated deadly fires
Fears grow over everyday use of batteries containing lithium By Park Jae-hyuk Battery manufacturers are facing growing calls to make safer products, as a local lithium battery plant fire killed 23 people…
Inflation slows to 11-month low of 2.4% in June
South Korea’s consumer prices slowed to an 11-month low in June, though prices of fresh food items and petroleum products remained high, data showed Tuesday. Consumer prices, a key gauge…
Tactical style, leadership make Hong Myung-bo perfect fit as nat’l football team head coach: KFA
Hong Myung-bo, the newly named head coach of the Korean men’s national football team, is the ideal fit for the job given his tactical philosophy and leadership skills, the sport’s…
