KB News DeskFSC 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…
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…
LGES Q2 operating profit plunges 58% as EV sales slip
LG Energy Solution Ltd., South Korea’s leading battery maker, said Monday its second-quarter operating profit plunged 58 percent from a year earlier due to slowing sales of electric vehicles. Operating…
![[Photo News] Broadening Korean presence in Texas](https://korbiznews.com/wp-content/uploads/2024/07/5-1.jpg)
[Photo News] Broadening Korean presence in Texas
Korea International Trade Association Chairman Yoon Jin-sik (right) receives a proclamation award celebrating the opening of KITA’s new office in Dallas from Texas Gov. Greg Abbott during a business luncheon…
4 in 10 Korean companies considering AI investment
Four out of 10 South Korean conglomerates are considering investing in artificial intelligence over the rest of the year, as they expect AI technology would drive production efficiency, a survey…
S. Korea, Thailand launch first round of talks for trade deal
South Korea’s trade ministry announced Tuesday that it has launched the first round of negotiations with Thailand to seek an Economic Partnership Agreement aimed at bolstering bilateral trade and investment.…
Govt. vows to boost housing supply amid real estate market volatility
Finance Minister Choi Sang-mok said Wednesday that the government will devise measures to increase housing supply if needed, as South Korea has seen growing volatility in the real estate market.…
![[Herald Interview] TIAA-owned asset manager eyes Korean investors’ appetite for alternative assets](https://korbiznews.com/wp-content/uploads/2024/07/1-1.jpg)
[Herald Interview] TIAA-owned asset manager eyes Korean investors’ appetite for alternative assets
Nuveen, the investment manager of the US Teachers Insurance Annuity Association with $1.2 trillion in assets under management, is seeking to broaden its investor base in the Korean market from…
Harnessing the Power of Wind Energy
As the world seeks sustainable energy solutions, wind power stands out as a key player. This post explores the latest innovations in harnessing wind energy, from advancements in turbine technology…
The Golden Gate’s Timeless Majesty
Smart farming technologies are transforming traditional agriculture practices. A wonderful tranquility has taken proprietorship of my entirety soul, like these sweet mornings of spring which I appreciate with my aggregate…