The rapid increase in direct overseas purchases through Chinese e-commerce companies such as AliExpress, Temu, and Shein has led to discussions about alternative measures to mitigate the side effects. However, it has been confirmed that the proposal to tax small imported goods is closely linked to t
As the United States steps up its checks on China’s semiconductor industry, China has launched a countermeasure. The Financial Times (FT) reported on March 24 (local time) that the Chinese government is advancing its efforts to replace foreign technology with domestic alternatives. According to guid
The performance of SK on’s C has come into the spotlight after a U.S. electric car driver reported that the battery has maintained 97 percent of its original capacity after driving 160,000 kilometers in 21 months.Automotive media outlet CarScoops carried a story based on a recent post on the F-150 L
Align Partners Capital Management has raised the issue of overseas shareholders not being able to properly use a cumulative voting system ahead of JB Financial Group’s general shareholders meeting scheduled for March 28.“We have confirmed a number of cases where overseas shareholders have been unabl
“Predictability is what matters most for global companies,” said James Kim, chairman of the American Chamber of Commerce in South Korea (AMCHAM). “With an exodus out of China becoming a reality, we are receiving an influx of many inquiries from companies looking to move their Asia-Pacific headquarte
Recently, there has been a trend where shareholder demands for increased shareholder returns have slightly subsided as proposals such as the retirement of repurchased stocks or dividend expansions were rejected at shareholder meetings. While companies have temporarily relieved the pressure by proact
Four Seasons Hotel Seoul ushers in a new era of excellence with the appointment of Michael Schmid as General Manager.A pioneering multi-lingual hospitality veteran and strategic visionary, Michael is a felicitous new addition to the dynamic creativity and high-care curation of Four Seasons hospitali
It has been revealed that the hourly wages of domestic helpers in South Korea are more than four times higher than in neighboring countries such as Hong Kong and Taiwan. In an effort to alleviate the burden of caregiving services, which is considered one of the causes of low birth rates, the Bank of
The "0 Bit Watt" solution is equipped with Huawei's native-green technologies that were designed to ensure premium experience and high energy efficiency at the levels from equipment to networks. In zero-load hours, with a switch-off depth level of 99%, the RF equipment consumes less than 10 watts of
Since taking office in early July 2022, Ongjin County Mayor Moon Kyung-bok has been busy listening to the voices of his residents. This has been producing remarkable positive results.In 2023, Ongjin County paved the way for a new leap forward, including finalizing a plan for the construction of Baek
During MWC Barcelona 2024, the Net5.5G-oriented products and solutions were launched by the President of Huawei's Data Communication Product Line, Leon Wang. He noted that new ultra-broadband applications such as immersive terminals and AIGC have brought new opportunities to carriers. In addition, n
The National Pension Service (NPS) issued an explanatory statement regarding the report by domestic media on Feb. 14, titled “NPS’ Overseas Alternative Investment Assets: Solely Trusting and Passing Verification to Asset Managers.”On the same day, the media reported that the NPS is accepting the pro
Governor Kim Jin-tae addressed the plenary session of the 325th Extraordinary Session of the Gangwon State Council on the 14th, delivering a New Year's speech. He expressed, "The recently discussed 4-day workweek will be a significant opportunity for the state," and asserted his determination to "th
Netflix, a dominant player in the online video streaming service (OTT) industry, is persisting in its non-response to government pressure to lower subscription fees, raising concerns about increasing burdens on domestic OTT companies. Experts argue that to improve equity between domestic and interna
It has been revealed that the National Pension Service (NPS) achieved a return on investment of over 40 percent through its investments in U.S. stocks last year. This is attributed to the historical bull market recorded in the U.S. stock market.According to the stockholding report (13F) submitted by
Due to the severe downturn in the global commercial real estate market, overseas real estate mutual funds are rapidly emerging as a new potential catalyst in the financial market. With recent one-year returns plummeting to as low as -80 percent, there are signs indicating the looming realization of
It has been revealed that over 90 percent of nuclear power plants with operating licenses that have expired in major overseas countries are undergoing safety assessments and extending their operational lifespans for continued operation.The active pursuit of continued operation by various countries i
The Korea Fair Trade Commission (KFTC) has decided to review the designation of dominant business entities, which is at the core of the Fair Competition Promotion Act (the Platform Act for short). This means that virtually, the Korean market watchdog will review the designation from scratch. Industr
The Korea Investment Corporation (KIC) has announced on Feb. 5 that it achieved a double-digit rate of return last year, with total assets under management increasing by over US$20 billion (26.71 trillion won).The KIC revealed on the same day that the annual rate of return for the year 2023, denomin
IMM Investment has joined the United Nations Principles for Responsible Investment (UN PRI) to strengthen responsible investment.As of January 2024, IMM Investment announced that it officially signed and completed the formal membership process with the UN PRI. IMM Investment stated that the membersh