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    Fried chicken chain bhc expands US footprint with first Virginia restaurant

    Korean fried chicken giant bhc is planting its flag in one of the Washington metropolitan area’s busiest commercial hubs, anchoring its latest push into the United States with its first Virginia location. The chain, operated by Dining Brands Group, said Monday it opened its Arlington location in the Ballston neighborhood of Arlington County, marking its debut in Virginia as the company continues to broaden its North American presence. The restaurant is located near offices, residential complexes, shopping centers and recreational facilities, with convenient access to the Ballston-MU Metro station. The company said the area, which borders Washington across the Potomac River, attracts a steady mix of office workers, residents and visitors, making it a strategic location for growth. The approximately 169-square-meter restaurant offers full-service dining with 32 seats across 15 tables. Its menu has been tailored to local dining preferences, featuring wing- and tender-based combo meals, chicken sandwiches, Crispy Bun sandwiches, cheese balls and fries. Reflecting the popularity of dipping sa

    2 MIN READBy Lee Kyung-min
    Fried chicken chain bhc expands US footprint with first Virginia restaurant
  • Banking & Finance

    Winners of the 22nd Economic Essay Contest

    2 MIN READBy Lee Yeon-woo
    Winners of the 22nd Economic Essay Contest
  • Tech & Science

    Science ministry vows $650 bil. investment in AI data centers

    2 MIN READBy Yonhap
    Science ministry vows $650 bil. investment in AI data centers
  • Others

    Korea launches K-Chicken Belt to boost gastronomy tourism

    3 MIN READBy Ko Dong-hwan
    Korea launches K-Chicken Belt to boost gastronomy tourism
  • Companies

    Samsung, partner firms sign agreement for mutual growth

    2 MIN READBy Nam Hyun-woo
    Samsung, partner firms sign agreement for mutual growth
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Banking & Finance

Office worker turns 300 mil. won into 1.5 bil. won with simple US ETF investing

Kim Ji-hoon, an office worker in his 40s, grew his 300 million won ($220,000) investment into 1.5 billion won over five years. Now financially independent, he earns a stable post-retirement income of about 4 million won per month — enough, he says, to live comfortably and travel after leaving his job. Kim shared his investment approach in the book "Retire with Just 3 U.S. ETFs," which has sold over 30,000 copies since its release in March, becoming one of the year’s most talked-about financial titles. Exchange traded funds (ETFs) are investment funds that own financial assets like stocks, bonds and commodities that are traded on exchanges. Rather than chasing quick profits, Kim emphasizes what he calls “lazy investing” — maintaining long-term, consistent investments that produce steady, above-average returns. “It’s better to keep finishing fourth or fifth consistently than to win first place once and stop,” he said. Lee Eun-mi, an editor at Leaders Book, which published the title, said the concept resonated with many readers. “For busy workers, time-intensive active inv

Nov 4, 2025By Hankookilbo
Office worker turns 300 mil. won into 1.5 bil. won with simple US ETF investing
Companies

APR to release Q3 earnings, host online investor presentation Thursday

APR, a major player in the K-beauty industry, is set to release its provisional third-quarter earnings and host an online presentation for investors Thursday. Since its listing on the Korea Composite Stock Price Index (KOSPI) in February 2024, APR has consistently held online presentations alongside each quarterly earnings announcement. This quarter’s presentation will be broadcast live as an audio webcast with simultaneous interpretation in Korean and English. Investors can access the webcast through a pop-up window on APR’s website. English-language materials will also be provided, and a full recording of the webcast will be uploaded afterward to improve transparency and convenience for global investors. The presentation will be led by APR Vice President and Chief Financial Officer Shin Jae-ha, who will discuss the company’s third-quarter performance and provide guidance for the fourth quarter. A Q&A session will be held for Korean investors in attendance.

Nov 3, 2025By Ko Dong-hwan
APR to release Q3 earnings, host online investor presentation Thursday
Companies

APR beauty device gives APEC guests glow up

Major cosmetic and beauty tech company APR presented its specially designed beauty devices to guests of the Asia-Pacific Economic Cooperation (APEC) meetings last week, showcasing its technological edge amid the global K-beauty boom. The company said on Monday that the spouses of 21 leaders who attended the Economic Leaders’ Meeting from Friday to Saturday received the Medicube AGE-R Booster Pro Irworobongdo Edition. APR was an official APEC sponsor. The Booster Pro is one of APR’s most popular beauty devices, combining six skin care effects including brightening, improved skin firmness, volume enhancement and pore care. The device features a design created in collaboration with the National Museum of Korea, highlighting the traditional beauty of Korea’s heritage and using designs from the museum's artifacts to modern skincare technology. The device is decorated with designs based on irworobongdo, a Korean folding screen landscape painting style depicting the sun, moon and five mountain peaks. The images symbolize royalty and wishes for a peaceful future. The image is also reproduce

Nov 3, 2025By Ko Dong-hwan
APR beauty device gives APEC guests glow up
Companies

Why did Jensen Huang's 'chimaek summit' omit chair of Nvidia's No. 1 Korean supplier?

When Nvidia's CEO Jensen Huang arrived in South Korea, global attention turned to a viral "chimaek" (fried chicken and beer) dinner on Oct. 30, featuring Samsung Executive Chairman Lee Jae-yong and Hyundai Group Executive Chair Chung Euisun. Yet, the spotlight shifted the following day to SK Group, particularly its memory arm, SK hynix, which co-headlined a landmark artificial intelligence (AI) infrastructure deal that analysts have called a strategic win. The question hanging over the spontaneous Gangnam gathering was straightforward: why was SK hynix, Nvidia's largest supplier of high-bandwidth memory (HBM) for AI chips, conspicuously absent? The absence of SK Group Chairman Chey Tae-won from the headline-grabbing "chimaek summit" was less a diplomatic slight than a matter of logistics and timing. Sources familiar with the matter said the dinner was never meant to be a formal "Korea Inc." meeting. Huang himself described it as simply wanting to "eat chimaek with friends," not hold a press conference, and the informal venue could accommodate only a small circle. Moreover, Chey was in fin

Nov 3, 2025By SCMP
Why did Jensen Huang's 'chimaek summit' omit chair of Nvidia's No. 1 Korean supplier?
Tech & Science

LG CNS launches cloud ERP project in Indonesia to accelerate global expansion

LG CNS has entered into a strategic agreement with Indonesia’s Korindo Group to migrate the group’s core enterprise resource planning (ERP) from on-premises to cloud, accelerating its global expansion strategy. The new partnership marks its first major project in Southeast Asia since becoming the first Korean company to join SAP’s regional strategic services partner (RSSP) program for the Asia-Pacific region in February. Under the agreement, LG CNS will migrate Korindo’s existing on-premises SAP ERP system to the cloud-based version SAP S/4HANA Cloud. ERP is an integrated system that allows companies to centrally manage all core business operations, including finance, human resources and sales. Korindo Group, headquartered in Jakarta, operates across multiple business sectors, including palm oil, heavy industry, finance, shipping, logistics and renewable energy such as wind power. Through this transition, the group aims to significantly reduce its infrastructure management overhead, such as servers and storage, while adopting globally standardized processes to boost business effi

Nov 3, 2025By Lee Gyu-lee
LG CNS launches cloud ERP project in Indonesia to accelerate global expansion
Companies

Company behind 'Baby Shark' hopes to accelerate global growth after IPO: CEO

The Pinkfong Company, the creator behind the mega-hit animation "Baby Shark Dance," hopes to become a global entertainment company by strengthening its content-making capabilities through a stock listing, its chief executive officer (CEO) said Monday. "We are not just an animation studio but a company that builds sustainable content businesses in the global market, utilizing our artificial intelligence (AI) technology and big data," company CEO Kim Min-seok said during a press conference ahead of the company's planned initial public offering (IPO) slated for Nov. 18. "Our KOSDAQ listing will mark the official start of such a transition," he added. Founded in 2010, the Pinkfong Company makes children's content in 25 languages, featuring characters such as Pinkfong, Baby Shark and Bebefinn. It came under the spotlight after the animation "Baby Shark Dance" went viral in 2016, racking up more than 16 billion views on YouTube to date. The Pinkfong Company's chief finance officer, Choi Jung-ho, said the funds raised through the IPO will be invested into developing new intellectual properties a

Nov 3, 2025By Yonhap
Company behind 'Baby Shark' hopes to accelerate global growth after IPO: CEO
Companies

HS Hyosung enters battery material sector with Umicore deal

HS Hyosung, a major materials and artificial intelligence (AI) developer, has expanded into the battery materials sector by acquiring a subsidiary of global materials firm Umicore, marking its entry into one of the nation’s key manufacturing industries. The group said Monday that its acquisition of battery anode maker EMM reflects HS Hyosung Vice Chairman Cho Hyun-sang’s initiative to secure “technologies and intelligence assets” essential to the conglomerate’s sustainable growth. HS Hyosung acquired EMM on Friday through an investment worth 120 million euros ($138 million) in Belgium-based Umicore. The Korean firm has also agreed with Umicore to establish a joint venture, which is pending approval from the Belgian government. According to the company, Cho personally visited Umicore’s headquarters several times to meet his timeline for signing the acquisition deal by late October. “Cho participated in numerous overnight meetings with Umicore despite his responsibilities as chair of the Asia-Pacific Economic Cooperation (APEC) Business Advisory Council, which required him to

Nov 3, 2025By Ko Dong-hwan
HS Hyosung enters battery material sector with Umicore deal
Banking & Finance

Hana Financial Group raises awareness of autism

Hana Financial Group held its 2025 Autism Race, a social inclusion initiative it began sponsoring in 2020 to strengthen the finance sector’s role in advancing disability inclusion and public awareness of the marginalized group, the company said Monday. The drive, organized by the Autism Society of Korea, promotes improved social understanding of autism spectrum disorder and fostering a culture of respect and acceptance. More than 300 Hana employees and their families, including Vice Chairman Lee Eun-hyung, engaged in events that included running and walking alongside individuals with autism. All registration fees were donated to the Autism Society of Korea to fund related awareness and support programs. The event deepened understanding and empathy for people with autism, reaffirming Hana’s commitment to building an inclusive society that respects diversity and allows everyone to grow and share happiness, the firm said. In September, Hana Financial Group signed a memorandum of understanding with the Autism Society of Korea to support job creation for young adults with autism and provid

Nov 3, 2025By Lee Kyung-min
Hana Financial Group raises awareness of autism
Banking & Finance

Toss adds Chinese, Vietnamese, Thai, Russian to its app

Viva Republica, operator of Korean fintech Toss, said Monday it has expanded the app's multilingual support to five foreign languages. Alongside English, the service now offers interfaces in Chinese, Vietnamese, Thai and Russian. According to Toss, the four newly added languages are among the most commonly used by foreign nationals residing in Korea, enabling more customers to access financial services in their preferred language through this expansion. As of the first half of this year, Toss recorded 460,000 non-Korean users. This growth was largely driven by improvements to its authentication system — such as resolving inconveniences caused by differences in name structures across countries. Additionally, enabling foreign users to handle everyday financial tasks such as remittances, payments and even medical bill reimbursements with the same ease as Korean users has also contributed to a rise in users. "With the addition of officially supported foreign languages, we expect significant improvements not only in users' understanding and trust in our services, but also in overall financial

Nov 3, 2025By Lee Yeon-woo
Toss adds Chinese, Vietnamese, Thai, Russian to its app
Business

Seoul's $200 bil. investment in US will first go to Korean companies: minister

Seoul's envisioned $200 billion investment in the United States will first flow into Korean companies operating in the country, the industry minister said Monday. "The $200 billion cash investment is not just money we are giving to the U.S.," Industry Minister Kim Jung-kwan said during his meeting with chief executive officers (CEOs) of medium-sized enterprises, referring to the details of Korea's investment commitment to the U.S. under the tariff deal reached between the two countries last week. "The benefits will be structured to give priority to our companies entering the U.S. market." Kim explained investments will be made on projects agreed upon by both sides through a joint investment committee that will be chaired by U.S. Commerce Secretary Howard Lutnick and a cooperation committee headed by himself. "The $200 billion investment will be made based on commercial rationality. Simply put, it will be directed to businesses capable of generating cash flow," he said. On Wednesday, Seoul and Washington finalized an agreement on the details of Seoul's $350 billion investment pledge made

Nov 3, 2025By Yonhap
Seoul's $200 bil. investment in US will first go to Korean companies: minister
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