Citigroup’s Korean unit Citibank Korea unveiled its strategy to focus on corporate banking at a town hall meeting held last week in Seoul, the bank said Thursday. According to the bank, the new strategy aims to enhance corporate banking capabilities, increase synergy among its core businesses, and protect customers during the wind-down process of its retail banking divisions. The bank said last ...

In a similar move, Hazzys, an apparel and accessories brand under leading fashion group LF, collaborated with Mimi, a character known as Korea’s Barbie, last month. The fashion retailer introduced a limited edition doll and some 1,000 items were sold out in just four days. Mimi is a domestic doll brand introduced in 1983 by Mimi World. British fashion label JW Anderson also unveiled new bags ins...

TAIPEI , May 12, 2022 /PRNewswire/ -- Breaking grounds and settling for nothing more than the best by being the first. Lootex has just made more headway in getting larger recognition in the space of the metaverse. This past week, Lootex was invited to help curate the journey through art and fashion with OneOffs at the Breeze Center in Fuxing Taipei. Simply yet deftly labeled, "Fashion in t...

SHENZHEN, China , May 12, 2022 /PRNewswire/ -- UNESCO and Huawei have to date run ten Campus UNESCO sessions , focusing on technology and education and reaching students from 39 schools in 21 countries. Campus UNESCO is an ongoing program that gives young people aged 14 to 18 the chance to share views with experts from UNESCO and civil society. The topics discussed in each 90-minute session...

Local delicacies and indigenous produce meet traditional South American cooking methods, such as open flame techniques, for explosive flavours on and off the grill. BANGKOK , May 12, 2022 /PRNewswire/ -- Dusit's renowned Dusit Thani Hua Hin resort has undergone a stunning transformation over the past 18 months – rolling out many new products and services to delight guests and customers of a...

HONG KONG , May 12, 2022 /PRNewswire/ -- AC Hotels by Marriott ® , the design-led lifestyle brand part of Marriott Bonvoy's portfolio of 30 extraordinary brands, announces its brand debut in Australia with the opening of AC Hotel by Marriott Melbourne Southbank . Located in one of Melbourne's premier events, arts and entertainment precincts, the new hotel features 205 thoughtfully desi...

EquitiesFirst Joins Forces with Mountaineering Legend for 2022 Everest Summit HONG KONG , May 12, 2022 /PRNewswire/ -- EquitiesFirst , the global asset-based financing corporation, today announced a new partnership with 14 Peaks mountaineer Nimsdai Purja MBE ("Nims") as he ascends Everest in May 2022 . Image source: https://www.nimsdai.com Announcing the partnership, EquitiesFirst...

Two men riding an e-scooter together without helmets were hit by an SUV in southern Seoul and died Thursday, police said. The SUV, driven by a man in his 40s, allegedly rammed into the two men on a road in a business area of the southern Gangnam district at 2:20 a.m., according to an initial police investigation. The victims, in their 20s, were rushed to a hospital but died soon after. The SUV...

South Korea's military plans to revive the reference to North Korean ballistic missile tests as "provocations," informed sources said Thursday in an apparent reflection of the Yoon Suk-yeol administration's hard-line stance on the recalcitrant regime's military threats. The Joint Chiefs of Staff has decided to use the expression in its public announcements of future North Korean missile launches...

President Yoon Suk-yeol appointed Foreign Minister Park Jin and Interior Minister Lee Sang-min on Thursday, a presidential official said, amid a delay in their parliamentary confirmation process. The appointments will help meet the quorum for Yoon's first Cabinet meeting set for later in the day. Park is a lawmaker of the ruling People Power Party, and Lee is a former vice chief of the Anti-Cor...

The daily number of riders on the Seoul subway system breached the 7 million mark for the first time in 1 1/2 years, data showed Thursday, partly on the back of rollbacks of COVID-19 restrictions. According to the data from Seoul subway operator Seoul Metro, 7,210,000 people rode subway trains in the capital city on April 29, marking the most single-day riders since Oct. 30, 2020. An average of...

The airport express train, which runs nonstop from Seoul Station to Incheon International Airport Terminal 1 and Terminal 2, will resume operation from May 30 after a hiatus of about two years due to the pandemic. Check-in for Korean airlines and immigration service will also be available at the City Airport Terminal in Seoul Station. “As we are resuming the express train service after two year...

President Yoon Suk-yeol is likely to tap Hwang Joon-kook, a former ambassador to Britain, as his first ambassador to the United Nations, sources said Thursday. Hwang is a former career member of the foreign service with years of experience handling the North Korean nuclear issue. He served as head of a supporters' association for Yoon during the presidential campaign. Under the Park Geun-hye ad...

Candidate registration began Thursday for the June 1 local elections and parliamentary by-elections amid expectations that the results could serve as an early bellwether for the new government of President Yoon Suk-yeol. The National Election Commission (NEC) will receive candidacy registration on Thursday and Friday before the official 13-day campaign period kicks off May 19. Up for grabs in t...