KB News DeskNaver CEO says to not sell its stake in LY in ‘short term’
Naver CEO Choi Soo-yeon confirmed Tuesday the company will not sell its stake in Japan’s LY Corp., the operator of popular mobile messenger Line, in the “short term” amid LY’s…
First vice finance minister tapped as FSC chief
First Vice Finance Minister Kim Byoung-hwan has been nominated to lead the Financial Services Commission, South Korea’s top financial policy-making unit, the presidential office announced Thursday. In nominating Kim, the…
Bears sign Japanese pitcher Shirakawa to temporary contract
The Doosan bears announced Wednesday they have signed Japanese pitcher Keisho Shirakawa as a temporary replacement for injured starter Brandon Waddell. The Bears said Shirakawa agreed to a deal worth…
BHSN aims to deliver top legal AI service for businesses
BHSN, a local AI startup, aims to support enterprise clients streamline legal tasks, such as drafting contracts, through its artificial intelligence-based legal service, Allibee, its CEO Lim Jeong-geun said Wednesday.…
S. Korea’s current account returns to surplus in May
South Korea logged the largest current account surplus in 32 months in May on the back of a sharp rise in the trade surplus and increased dividend income, central bank…
Olympic weightlifter takes long-term view, eyes gold in 2028
Most athletes good enough to compete in an Olympic Games dream of winning a gold medal. Saying, “I want to win a silver medal!” doesn’t quite have the same ring…
FSC chief nominee vows to keep tight rein on household debts
First Vice Finance Minister Kim Byoung-hwan, the nominee to head the Financial Services Commission, said he must put in all efforts to bring down the fast growth of household debts…
Samsung Brush chairman known for large donation to KAIST passes away at 94
Jang Seong-hwan, a 94-year-old Korean businessman who was the chairman of Samsung Brush and was known for a large real estate donation to KAIST, passed away on Monday, according to…
Unionized workers at Samsung Electronics set to stage 3-day strike
Unionized workers of Samsung Electronics Co. are set to launch a three-day strike Monday, but the planned labor action is unlikely to disrupt production at the technology giant due to…
4th Winter Youth Olympics celebrates growth of young athletes in closing ceremony
The fourth edition of the Winter Youth Olympics wrapped up in eastern South Korea on Thursday, as the closing ceremony marked the growth of teenage athletes during the two-week competition.…
