Coupang founder and CEO Bom Kim announced on Thursday plans to sell 15 million shares valued at some $360 million — his first sale since Coupang’s New York Stock Exchange debut on March 15, 2021. He also plans to donate an additional 2 million shares to charity. Kim currently owns 174,802,990 Class B shares and the shares he plans to sell represent almost 9.7 percent of the total holding. The Cl...

As Donald Trump returns to the White House for a second term, the world is reminded of his high-stakes, often unpredictable approach to diplomacy, especially regarding the Korean Peninsula. During his first term, Trump navigated one of the most volatile relationships in US foreign policy with North Korea, combining tough sanctions, blunt rhetoric and unprecedented summits. Trump's administration...

Choi Jae-boong, a professor of mechanical engineering at Sungkyunkwan University, shared a similar view on India’s potential in the digital era, highlighting the role of artificial intelligence in reducing costs and increasing business scalability. Choi emphasized that digital transformation enables businesses to connect with global consumers and fosters what he called a “fandom economy,” where ...

SINGAPORE , Nov. 7, 2024 /PRNewswire/ -- XtalPi (2228.HK) has announced a strategic partnership with Indonesia's powerhouse, led by one of its prominent business pillar Sinar Mas Multiartha. This landmark collaboration is set to transform the future of artificial intelligence (AI) and robotics across the Asia-Pacific region. By establishing an ambitious joint venture, the alliance will int...

MACAU , Nov. 7, 2024 /PRNewswire/ -- The NBA Legends Celebrity Game Presented by Sands China will be hosted at the recently-renovated The Venetian Arena on Dec. 7, 2024 . This unique event will bring lifestyle and entertainment aspects of the NBA to Macao , featuring legends of the game and pop superstars and influencers. The game will also feature performances by an NBA dance team, a sh...

South Korean ruling party leader Han Dong-hoon said Thursday he believed US President-elect Donald Trump’s reelection will be a chance for South Korea and the US to deepen ties further. Speaking at Thursday’s meeting of the party leadership, Han Dong-hoon congratulated Trump on his victory. “My sincerest congratulations to Mr. Trump. I have said that his Asia priority policy would be an opportu...

Folk singer Song So-hee will hold her first solo concert as a singer-songwriter. Song So-hee’s solo concert, "Aesthetic Flow," will be held on Dec. 1 at Gurumare Theater. Seodo Band, known as the pioneer of "Joseon Pop," a genre influenced by Korean traditional music, will appear as a special guest. This concert marks Song's first solo performance under her name as a singer-songwriter. Active a...

LG Uplus CEO Hwang Hyeon-sik said Thursday the company would invest up to 3 trillion won ($2.15 billion) in the telecom carrier's artificial intelligence business over the next four years. The announcement came as the CEO introduced the company's AI transformation strategy during a press briefing in Seoul. Hwang highlighted that the key behind the telecom carrier's AX strategy is customer-cente...

The Korea Agro-Fisheries & Food Trade Corp., known as aT, announced on Thursday that it has been recognized by the Korea Consumer Association for its excellence in consumer-friendly administration. aT, a government agency responsible for promoting the trade, export and marketing of Korean foods and beverages worldwide, received this year's Korea Consumer Award for its initiatives aimed at reduci...

South Korean contract development and manufacturing organization Lotte Biologics said Thursday that it offers job opportunities without specific qualification requirements in its year-round internship program. The Open Innovation Internship is open to anyone, regardless of gender, nationality, age, educational background or career history. The internship duration can be tailored to suit the need...

BTS’ V on Dec. 6 is set to release a new version in collaboration with the late legendary pop artist Bing Crosby (1903-1977) of his “White Christmas.” According to BigHit Music, V has reinterpreted a part of Crosby’s iconic 1942 hit that remains a beloved seasonal classic worldwide. The posthumous collaboration is to be Crosby's first in 47 years, since "Peace on Earth/Little Drummer Boy" in 19...

South Korea’s customs agency said Wednesday it has caught 13 dentists smuggling uncertified dental equipment into the country by purchasing it on Chinese e-commerce platform AliExpress. The dentists are accused of importing 11,349 pieces of equipment, worth approximately 140 million won ($100,000), that were allegedly used on patients, according to the Korea Customs Service at Seoul Regional Cus...

The city of Suwon, Gyeonggi Province, has started the search for an unknown number of deer that have appeared on trails and attacked local parkgoers. In a joint operation among the city government, Suwon Fire Station and Suwon Jungbu Police Station, officials are scouring Gwanggyo Lake Park and Gwanggyosan to capture the deer that have attacked people at least twice and were seen several times i...