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Latest business news, delivered in a 2-minute read
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Quick Read In series
Latest business news, delivered in a 2-minute read
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Samyang’s fiery comeback explained in 2 minutes
TSamyang Foods, South Korea’s pioneer in instant ramyeon, found itself tasting defeat in the 1980s, when Nongshim stirred up the market and expanded into the nation’s dominant noodle maker. Yet, with o
Korea Zinc power struggle in 2 minutes
Korea Zinc, the world’s largest refined zinc producer, valued at $12 billion, is locked in a high-stakes battle for managerial control that could impact South Korea’s economy and global supply chains. Key players Korea Zinc (Choi family): Founded in 1974 and managed by the Choi family, Korea Zinc has diversified under CEO Choi Yoon-beom, moving into battery materials and renewable energy.Young Poong Group (Chang family): The company's largest shareholder, operating the Seokpo smelter and facing
Jan. 21, 2025 - 17:22:41
Decoding black box from Korea’s crashed airplane
A joint investigation between Korea and the United States has been underway to figure out what caused the deadly Jeju Air Boeing 737-800 crash that killed 179 passengers and crew at Muan International Airport in South Jeolla Province on Dec. 29 with only two survivors on board. Joint investigative team The two countries have put together a joint probe team of 12 investigators from Korea’s Aviation and Railway Accident Investigation Board, one official from the US Federal Aviation Administration,
Jan. 15, 2025 - 15:35:34
