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BUSINESS

  • Influencers Flock to South Korea's Songdo for Massive Tax Breaks Recently, it has been confirmed that influencers, YouTubers, and internet broadcast streamers are predominantly living in Songdo International City in Incheon. Despite earning substantial income, they have chosen to live in Songdo to take advantage of the fact that their income tax amounts to zero if they reside there. The fact that living in Songdo […]
  • Ukraine Faces Rejection Over Patriot Missiles from South Korea The Ukrainian Ministry of Defense has again shown interest in South Korean weapons, mentioning 105mm artillery shells as desired support ...
  • Is North Korea Preparing for Presidential Assassinations? Insights from the 525 Unit North Korean Special Operations ForcesConducting unrealistic tactical drillsThe target of training i ...
  • Kim and Putin's Tourism Push: A Gateway to North Korean Adventures Russia Promotes Tourism to North KoreaTourism Cooperation is Following Arms CooperationMass Appeal f ...
  • NVIDIA Shocks with Triple-Digit Growth, Dominating AI Chip Market According to industry sources on the 23rd, NVIDIA, a titan in the artificial intelligence (AI) industry, reported surprising performance for the first quarter. NVIDIA recorded $26 billion in revenue in the first quarter (February to April) of this year. This is a 262% increase from $7.192 billion recorded in the same period last year, confirming […]
  • Kids Take Climate Battle to Court: A New Generation Fights for Their Future On the 21st, a climate lawsuit questioning the constitutionality of the South Korean government’s response to climate change was held in the Grand Courtroom of the Constitutional Court in Jongno-gu, Seoul. The person who attended this complicated trial as a witness was not an adult, but a child. Even on this day, children accompanied by […]
  • Safety or Skill: The Ongoing Debate Over Live Grenade Training On the 21st, the military was thrown into chaos when a grenade exploded during boot camp training at the 32nd Infantry Division, killing one trainee and seriously injuring a non-commissioned officer. According to the military authorities, the accident occurred around 10 AM during grenade-throwing training at the 32nd Infantry Division located in Sejong City. The […]
  • Toxic Humidifier Disinfectants Products Linked to Over 1,800 Deaths News1Recently, 1,853 deaths were caused by humidifier disinfectants.On April 22, environmental group ...
  • Is South Korea's Economy Heading for a Crisis? IMF and UN Think So IMF Announces South Korea's National Debt at 55.2%Various Institutions Express Concern Over South Ko ...
  • Stock Shock: How a Major Shareholder's Move Rocked EcoPro EM's Market Value Yoon Kwan, husband of LG Welfare Foundation CEO Koo Yeon Kyung, is the Chief Investment Officer (CIO) at BlueRun Ventures (BRV). Some stocks saw their stock prices plummet overnight due to BRV. On the 21st, EcoProMetry closed sharply lower on the news of BRV’s stake sale. EcoPro EM is a company that produces precursors, the […]
  • Redevelopment Stirs Controversy in Seoul's Last Red-Light District Last year, a relocation of residents began due to the redevelopment of Miari Texas, the last red-light district in Seoul. This project, also known as the Shinwolgok District 1 Redevelopment, will see the construction of Lotte Castle apartments by Lotte Construction in this historically significant area. However, contrary to the initial plan, there is a […]
  • New Residents Blocked: Tensions Rise in Daegu's Luxury Apartment As the nationwide construction boom continues in South Korea, there has been a surge in unsold new apartments. Due to increased labor and construction costs, construction companies and trust companies are conducting public auctions at much lower prices than the original sale price to cover their expense claim. In Daegu, this has sparked a conflict […]
  • Samsung Heirs' Battle with Rare Disease Leads to Medical Breakthrough Samsung Family's Genetic Disease, Charcot-Marie-ToothKorean Researchers Develop Treatment MethodChai ...
  • Rise, Fall, and Rebirth of Abercrombie & Fitch: Confronting Racism and Reshaping Reputation In the second half of 2023, American clothing company Abercrombie & Fitch's stock price has near ...
  • Virtual Idols Outsell Real Stars: Are They the Future of Pop Music? The virtual idol market is thriving amid the ongoing buzz in the Korean entertainment industry. ...
  • Gold Rush: China's Strategic Buying Amid Global Uncertainties Despite gold prices reaching historic highs, China has been steadily purchasing gold, drawing attention to the reasons behind this trend. Historically, gold was considered the most crucial safe-haven asset. Unlike the current trend of investing in virtual assets, gold physically exists, preventing it from disappearing overnight and making it a significant asset to protect wealth. […]
  • Apple's iOS 17.5 Update Sparks Panic: Deleted Photos Resurrected Following the update, numerous users, primarily on international online communities, reported a bug reviving long-deleted photos in their...
  • Gas Stations in Crisis: Electric Vehicle Boom Spells Doom for Thousands Starting a gas station business was once considered a highly profitable venture. However, this sector is now facing a crisis.
  • Warren Buffett Shakes Up the Stock Market with a $6.7 Billion Move Warren Buffett is one of the wealthiest people in the world. The world's stock market observers are ...
  • Pharmacy Feud: Local Pharmacist Faces Business Ban A pharmacist opened a pharmacy in the same commercial building as their previous place of work. However, after a brief taste of happiness, the court ordered a business ban. Last month, the Ulsan District Court accepted a request from a pharmacy owner to prohibit the pharmacist from operating their new pharmacy. It turned out that […]
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