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Latest Articles
'Empty Loans' Reach Record High... Q2 Balance Hits 6.4 Trillion Won
2+ hour, 28+ min ago (311+ words) So-called "empty loans," in which borrowers are unable to even pay the interest on money borrowed from major commercial banks, have reached a record high. At the end of the second quarter of this year, the balance of non-accrual loans…...
KOTRA Hosts JD Purchase Briefing
38+ min ago (337+ words) JD Group, China’s No. 1 e-commerce enterprise, established a specialized sourcing corporation in Korea on June 18 to fully scale up the purchase of K-consumer goods, and has begun expanding the import of excellent Korean consumer goods to target Chinese consumers. The…...
Big bank nets huge profit, warns economy is slowing - News | InDaily, Inside South Australia
1+ hour, 28+ min ago (717+ words) Commonwealth Bank has announced an huge annual cash net profit, while warning the economy is slowing. Australia’s economy remains resilient but growth is slowing as higher interest rates and inflation continue to pressure household budgets, the nation’s biggest bank says,…...
"Even Durian Roll Cake": Paris Baguette Expands to 736 Stores Across 13 Countries Globally
3+ hour, 47+ min ago (188+ words) Published 12 Aug.2026 09:09(KST) Updated 12 Aug.2026 11:17(KST) Paris Baguette, the bakery brand operated by Sangmidang Holdings, has opened a new store in Laos, becoming the first Korean company in its sector to do so and further expanding its overseas business operations....
Shinsegae Opens First Factory Store in Laos
30+ min ago (271+ words) ‘Shinsegae Factory Store’, an off-price store directly operated by Shinsegae Department Store, has opened its first overseas store in Laos, launching its entry into the global market. Shinsegae Department Store announced on August 12 that it opened the first overseas franchise…...
K-Beauty Expands Into Europe Amid Western Sales Surge
32+ min ago (460+ words) Businesskorea European Growth Accelerates As APR, Amorepacific, And LG H&H Broaden Retail Reach K-beauty Heads to Europe After North America… Western Sales Skyrocket The core of the overseas business of domestic beauty companies is rapidly expanding from China and…...
Atlanta Fed’s Venable: Inflation too high, with prospect of easing dependent on events in Middle East
12+ hour, 1+ min ago (290+ words) WASHINGTON, Aug 11 (Reuters) – Atlanta Fed interim President Cheryl Venable said on Tuesday that inflation remains too high, a message heard from contacts across the Southeast, with the likelihood of easing price pressures tied to “unpredictable geopolitical events, particularly the Middle…...
Hanwha makes billion-dollar-plus offer to acquire Austal USA
4+ hour, 53+ min ago (284+ words) Hanwha Defense USA makes a non-binding offer worth upwards of US$1.2Bn to acquire the business operations of Austal USA In a move to expand its footprint in the US shipbuilding market, a subsidiary of South Korea’s Hanwha Group has made…...
Invest One Day. Transform the Next 12 Months.
34+ min ago (212+ words) Running a business has never been more challenging. Rising costs, workforce shortages, artificial intelligence, changing customer expectations, and increasing regulation are reshaping the way we work—and standing still is no longer an option. That's why the 2026 Whitsunday Business Conference…...
830 plus Businesses registered, 2,900 jobs targeted, K12million in training
43+ min ago (66+ words) Post Courier For the Papua LNG Project there are 830 plus PNG businesses registered on the Supplier Portal. According to TotalEnergies EP PNG National Content Manager Mary Anne Reen 70% of registrations are PNG companies. Choose from one of the two payment…...