Quick Read In series
Latest business news, delivered in a 2-minute read

Quick Read In series
Latest business news, delivered in a 2-minute read
Series preview
Decoding black box from Korea’s crashed airplane
TA joint investigation between Korea and the United States has been underway to figure out what caused the deadly Jeju Air Boeing 737-800 crash that killed 179 passengers and crew at Muan International
K-grid power players in 2 minutes: Korean firms fueling Trump's energy overhaul
While most major South Korean companies are cautiously monitoring the Trump administration’s America-first trade policies and tariff announcements, Korean firms specialized in producing high voltage cables and large transformers are primed to make the best of a golden opportunity for their businesses. Need for more electricity The Stargate Project, which intends to invest $500 billion over the next four years to build new AI infrastructure in the United States such as data centers, will require
11 hour agoStarbucks Korea's dominance explained in 2 minutes
Starbucks made history in Korea last year as the first coffee chain to surpass 3 trillion won ($2.06 billion) in annual sales. This milestone, which leaves its coffee competitors in the dust, highlights the dramatic ascent of the US coffee chain in Korea -- from its first store in 1999 to becoming the brand’s third-largest market worldwide. Management history September 1997: Starbucks Korea began as a 50-50 joint venture between E-Mart and Starbucks International. July 2021: Starbucks Internatio
Feb. 13, 2025 - 15:29:00Samsung chief’s decadelong legal saga explained
Samsung Electronics Chair Lee Jae-yong walked free from years of legal battles on Monday, after an appellate court cleared him of stock-rigging and accounting fraud charges related to the 2015 merger of Samsung affiliates. With his legal troubles behind him, Lee is expected to focus on spearheading the tech giant through its various business challenges. Conflict origins Lee’s legal troubles trace back to the contentious merger of two Samsung affiliates: Samsung C&T and Cheil Industries. The deal
Feb. 6, 2025 - 10:40:37Korea Zinc power struggle in 2 minutes
Korea Zinc, the world’s largest refined zinc producer, valued at $12 billion, is locked in a high-stakes battle for managerial control that could impact South Korea’s economy and global supply chains. Key players Korea Zinc (Choi family): Founded in 1974 and managed by the Choi family, Korea Zinc has diversified under CEO Choi Yoon-beom, moving into battery materials and renewable energy.Young Poong Group (Chang family): The company's largest shareholder, operating the Seokpo smelter and facing
Jan. 21, 2025 - 17:22:41Decoding black box from Korea’s crashed airplane
A joint investigation between Korea and the United States has been underway to figure out what caused the deadly Jeju Air Boeing 737-800 crash that killed 179 passengers and crew at Muan International Airport in South Jeolla Province on Dec. 29 with only two survivors on board. Joint investigative team The two countries have put together a joint probe team of 12 investigators from Korea’s Aviation and Railway Accident Investigation Board, one official from the US Federal Aviation Administration,
Jan. 15, 2025 - 15:35:34