KB News DeskKorea to weigh in on food delivery fees
South Korea plans to form a public-private consultative group to address the rising costs of food delivery fees this month to help lift the burden on restaurant owners, the government…
Recent champion headlines Korean contingent at 4th LPGA major of season
The latest LPGA major champion Amy Yang will lead the Korean contingent at the fourth major tournament of the season, teeing off in the French Alps this week. Yang will…
AI boom sparks competition for cooling fluids
Oil refiners find new growth engine amid worsening profits The rapid growth of artificial intelligence (AI) in recent years has prompted four oil refiners in Korea to pursue the production…
FSS slaps record short selling fine on Credit Suisse
Global investment bank Credit Suisse affiliates have been fined a record amount for violating Korea’s short selling regulations. The Securities and Futures Commission under the Financial Services Commission announced that…
LG Twins, Doosan Bears to temporarily play at Olympic main stadium for 5 seasons
The LG Twins and the Doosan Bears will temporarily relocate to the main Olympic stadium in southern Seoul while their current baseball stadium undergoes reconstruction, Seoul officials said Tuesday. As…
Google Cloud vows to help Korean companies’ succeed with AI
Google Cloud aims to empower its enterprise clients in Korea to drive business innovation through its generative AI-powered cloud computing services, head of its Korean unit said Wednesday. “As a…
Govt. vows support for exports of electric equipment
Industry Minister Ahn Duk-geun said Thursday the ministry plans to offer 2.7 trillion won ($1.94 billion) in trade finance for exports of electric equipment to foster the sector as a…
LG launches AI robot subscription service for businesses
LG Electronics launched a subscription service for its CLOi robots equipped with enhanced AI features as part of efforts to expand its presence in the business-to-business (B2B) market, the company said Monday.…
Finance chief vows preemptive responses to looming ‘massive external changes’
in Seoul on Thursday. (Yonhap) Finance Minister Choi Sang-mok called for proactive and preemptive responses Thursday to prevent possible massive changes in external circumstances from affecting South Korean exports so…
New Canadian pitcher for Bears gunning for ‘as many strikeouts as I can’ in KBO
While he was flying into Korea on Monday for his new baseball adventure, Canadian pitcher Jordan Balazovic didn’t immediately get the sense that he was coming over here to play.…
