"Melting Me Softly" ended with a disappointing figure.
Opening coffee shops is no longer a viable option for retirees and others who dream of running a cozy small business, a report by a major bank suggests.
According to the report by KB Kookmin Bank, coffee shops in Korea earn an average of just W10.5 million a year and the closure rate stands at a whopping 14.1 percent which compares badly even with other lazy business ideas like fried-chicken restaurants (US$1=W1,168)...More
Naver founder Lee Hae-jin and Softbank chief Masayoshi Son are hoping to join hands in a merger of Lee's messaging giant Line and Son's Yahoo Japan. A final agreement is expected within this month.
Line is Japan's No. 1 mobile messaging service with more than 80 million users, while Yahoo, though flagging elsewhere, is the country's top Internet portal used by more than 50 million people...More
The number of Korean companies in the world's top 500 by market capitalization has fallen to two.
The Korea Exchange said on Thursday that Samsung Electronics ranks 20th with a market cap of US$268 billion, while SK Hynix is at No. 267 with $52 billion. At the end of 2010, eight Korean companies were included in the top 500...More
The gourmet Michelin Guide's Seoul edition published on Thursday awards its coveted stars to 31 restaurants in the capital.
Most of the starred restaurants are stalwarts, with modern Asian restaurant Mosu in Hannam-dong rising from one star to two...More
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