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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
  • 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
  • Companies

    CU in China: Why South Korean retail giant is adopting 'online first' strategy

    3 MIN READBy SCMP
    CU in China: Why South Korean retail giant is adopting 'online first' strategy
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Banking & Finance

Delayed climate change responses to pose financial risks for banks, insurers: BOK, FSS

Financial institutions are expected to incur short-term losses due to more stringent climate response policies, compounded by slumping asset values in traditional carbon-intensive industries, the central bank and financial watchdog said Tuesday. However, the immediate profit risks are outweighed by the long-term value of fostering green technologies and overall climate crisis containment, they said. According to the Bank of Korea (BOK) and the Financial Supervisory Service (FSS), failing to implement timely and proper anti-global warming action plans will exacerbate environmental damage from abnormal climate events, such as extreme temperatures and heavy downpours. This, in turn, will deteriorate the credit and insurance profiles of institutions with exposure to agriculture, food and construction. Prompt action is crucial for Korea’s export-reliant economy, long underpinned by high-carbon manufacturing, they said. This reliance has provided grounds for many growth driver industries, accounting for a quarter of the country’s GDP, to delay or outright disregard the push for a low-carbo

Mar 18, 2025By Lee Kyung-min
Delayed climate change responses to pose financial risks for banks, insurers: BOK, FSS
Banking & Finance

Why wealthy Koreans shop for real estate in Japan

More wealthy Koreans are on a real estate buying spree in Japan, as these properties are more affordable and lucrative compared to those in Korea, real estate industry officials said Tuesday.

Mar 18, 2025By Yi Whan-woo
Why wealthy Koreans shop for real estate in Japan
Tech & Science

LG releases self-developed reasoning AI model 'Exaone Deep' as open source

LG Artificial Intelligence (AI) Research has released its own reasoning AI model, Exaone Deep, as open source, the research lab announced Tuesday, signaling a heated competition with advanced AI models developed by OpenAI, Google and other global AI leaders.

Mar 18, 2025By Nam Hyun-woo
LG releases self-developed reasoning AI model 'Exaone Deep' as open source
Companies

Acting US envoy urges Korea to resolve trade imbalance, nontariff barriers

A top U.S. diplomat said Korea needs to take "appropriate actions" in response to the Donald Trump administration's intensifying pressure to reduce its trade surplus with the U.S. and eliminate nontariff barriers.

Mar 18, 2025By Park Jae-hyuk
Acting US envoy urges Korea to resolve trade imbalance, nontariff barriers
Companies

Hyundai Mobis expands in-vehicle chip production amid electrification

Hyundai Mobis is moving to mass-produce diverse in-vehicle chips used for electrification, lamps and other auto parts in anticipation of soaring demand for car chips in an era of autonomous driving and electric vehicles (EVs), the company said Tuesday.

Mar 18, 2025By Lee Min-hyung
Hyundai Mobis expands in-vehicle chip production amid electrification
Tech & Science

Samsung, CGV, Harman team up for smart theater

From left, Samsung Electronics Executive Vice President Lim Seong-taek, CJ CGV CEO Jeong Jong-min and Harman International Asia Pacific and India General Manager Amar Subash pose after signing an MOU on the three companies' partnership on smart theater at CGV Yongsan I'Park Mall in central Seoul, Monday. The theater will be powered by Samsung's LED, air conditioning system and Harman's sound solution. Those functions will be controlled by artificial intelligence through Samsung's SmartThings Pro Internet of Things solution. Courtesy of Samsung Electronics

Mar 18, 2025By Nam Hyun-woo
Samsung, CGV, Harman team up for smart theater
Companies

Hyundai Motor, GM make last-ditch appeal to US amid looming tariff threats

Hyundai Motor Group and General Motors (GM) Korea are making their last-ditch appeal to the United States ahead of President Donald Trump’s planned 25-percent tariff on automobiles imported from Korea.

Mar 18, 2025By Lee Min-hyung
Hyundai Motor, GM make last-ditch appeal to US amid looming tariff threats
Banking & Finance

Is license for 4th internet-only bank losing appeal?

Two of the six candidates competing to become the country’s fourth internet-only bank have recently withdrawn from the race, as growing economic uncertainties raise concerns over the profitability of the online-based banking business, according to industry officials.

Mar 18, 2025By Lee Yeon-woo
Is license for 4th internet-only bank losing appeal?
Companies

Korea lacks awareness of aluminum can's recyclability, survey says

Korean consumers' lack of awareness of the infinite recyclability of aluminum cans is one of the major obstacles to the country's recycling of the products.

Mar 18, 2025By Park Jae-hyuk
Korea lacks awareness of aluminum can's recyclability, survey says
Banking & Finance

Retail expert committed to hiring disabled people

Han Sang-wook, chief director of Goodwill Store, could have focused on his personal well-being after he retired from his position as an executive at fashion and retail giant E-Land Group.

Mar 18, 2025By Yi Whan-woo
Retail expert committed to hiring disabled people
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