Ju-min Park
Stories by Ju-min Park
South Korea’s Lotte sells stalled China theme park project for $326m
Lotte halted some seven years ago the so-called Lotte Town project to build a shopping mall, hotel and theme park.
Asiana Airlines board to reconvene board meeting to decide on Korean Air merger
Asiana creditors have been looking for a new owner of the debt-laden carrier for several years.
South Korean Internet giant Naver launches generative AI services
The AI product, named HyperCLOVA X, will provide generative AI-driven searches for users.
Rare earths magnet firms turn to Vietnam in a move to diversify away from China
Vietnam has untapped rare earth deposits second only to China's.
Hyundai Motor to build EV battery joint venture with LG Energy Solution
Construction of the factory in the state of Georgia will begin in the second half of 2023
Kakao wins takeover battle for SM Entertainment as HYBE drops bid
HYBE said it dropped the bid as the price to acquire SM exceeded a fair range.
US likely to cap level of S Korean chips made in China
There have been no specific discussions between Korea and the US on setting the cap.
South Korea fines Tesla $2.2m for exaggerating driving range of EVs
The Korea Fair Trade Commission said Tesla had exaggerated the driving ranges of its cars on a single charge.
Japan’s top business lobbyist backs Myanmar coup, urges investment
Hideo Watanabe has acted as Japan's top-level conduit to Myanmar on economic ties since 1987.
S Korean delivery workers say COVID-19 boom means relentless toil
Most of the country's 54,000 delivery workers do not get the minimum hourly wage.
