SEOUL– South Korean conglomerates appear to be gradually changing their recruitment methods in favor of experienced workers and year-round recruitment of new employees.A public organization said Wednesday that major domestic companies are planning to …
SEOUL– South Korean stocks set a fresh high for three consecutive sessions on Wednesday as investors scooped up blue-chip shares ahead of the release of the Federal Reserve’s meeting results.The benchmark Korea Composite Stock Price Index (KOSPI) gain…
SEOUL– Tving, a video streaming subsidiary of South Korean entertainment giant CJ ENM, said Wednesday that the number of its monthly active users (MAU) hit a fresh record high last month.Citing the latest data from market researcher Nielsen Koreanclic…
SEOUL– A South Korean conglomerate Shinsegae-led consortium has been picked as the preferred bidder for eBay Korea, the South Korean unit of e-commerce giant eBay, beating its local rival Lotte Shopping and heralding a seismic change in the country’s …
SEOUL– Krafton Inc., the gaming giant behind the global smash hit “PlayerUnknown’s Battlegrounds” (PUBG), said Wednesday it plans to raise as much as 5.6 trillion won (US$5 billion) through an initial public offering (IPO) that will likely place it as…
SEOUL– The labor union of major display maker Samsung Display Co. said Wednesday its union leadership plans to go on strike next week, as the union and the management failed to narrow differences in wage talks, marking the first-ever walkout for the c…
SEOUL– A Japanese-language compilation album of BTS songs has shipped 1.1 million units on its first day, the band’s agency said Wednesday.Shipments of “BTS, The Best,” the seven-piece band’s new album, surpassed 1.1 million units on its first day of …
SEOUL– Hybe Co., the K-pop powerhouse behind BTS, has seen its market capitalization exceed the 10 trillion-won (US$8.95 billion) mark amid the boy band’s global popularity, data showed Tuesday.Shares in Hybe closed at 289,000 won on Tuesday, up 2.48 …